Choosing the Right Words: Interpreting Rent Review and Renewal Clauses in Commercial Leases

  • Gary R. Menzies

Abstract

This article examines the various ways that courts have interpreted rent review and rent renewal clauses in commercial leases. Both the subjective and objective approaches are discussed and cases illustrative of these approaches are examined. The author then outlines the implications of restriction on use clauses in this area; case law is discussed and practical drafting hints are suggested. Finally, sample rent renewal clauses are provided, favourable to both landlord and tenant respectively.
How to Cite
Menzies, G. R. (1). Choosing the Right Words: Interpreting Rent Review and Renewal Clauses in Commercial Leases. Alberta Law Review, 34(4), 853. https://doi.org/10.29173/alr1075
Section
Articles