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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.

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

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