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  1. #1
    Join Date
    Apr 2011
    Posts
    2

    Default Commercial Lease Escape Clause

    My question involves landlord-tenant law in the State of: NJ

    I am signing a 5 yr lease for a commercial kitchen. Does the following cause give me an option to get out of it early, at 2 1/2 years with 9 months notice??
    16th: The Tenant agrees to permit the Landlord and the Landlord's agents, employees or other representatives to show the premises to persons wishing to rent or purchase the same, and Tenant agrees that on and after six (6) months next preceding the expiration of the term hereof, the Landlord or the Landlord's agents, employees or other representatives shall have the right to place notices on the front of said premises or any part thereof, offering the premises for rent or for sale; and the Tenant hereby agrees to permit the same to remain thereon without hindrance or molestation. Landlord agrees with nine (9) month written notice to relieve the tenant of any obligations to continue the lease term at the expiration of the nine (9) month period after the first thirty (30) months.

  2. #2
    Join Date
    Jan 2006
    Posts
    20,657

    Default Re: an Escape Clause

    I read it as you could give a 9 month notice after the first 30 months. That would mean the soonest you could get out is 2 1/2 years plus 9 months (3 years 3 months total) if you give your notice at the 2 1/2 year anniversary.
    I am not an attorney and any advice is not to be construed as legal advice. You might even want to ignore my advice. Actually, there are plenty of real attorneys that you might want to ignore as well.

  3. #3
    Join Date
    Apr 2011
    Posts
    2

    Default Re: an Escape Clause

    Thank you, that does make sense.

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