Sunday, September 18, 2011

RK Associates Lease - What to Look For ?

1. Acceleration clause.

The tenant shall pay monthly payment for the length of the lease until it expire. Acceleration clause allows to claim the total amount of lease upfront, if a tenant alleged in a breach.

2. Automatic renewal

Automatic renewal clause allows to renew the lease without the tenant consent. Majority of legitimate leases require action from the tenant to renew.

3. Raanan Katz prior lawsuits and his "business" model

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