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Commercial Tenants and Waiver of Real Property Law §227

, New York Law Journal


Nativ Winiarsky writes: Hidden in most standard form leases for commercial tenants is a seemingly innocuous sentence in a typically lengthy paragraph dealing with destruction to a leased space. That sentence waives the provisions of Section 227 of the New York Real Property Law—seemingly innocent enough, until one fully understands the ramifications.

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Originally appeared in print as Commercial Tenants: Be Wary of Waiver of Real Property Law §227

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