
Rent Acceleration Clauses Alive and Well After SJC Decision
The Supreme Judicial Court has upheld the validity of rent acceleration clauses in commercial leases in a recent case.
The Supreme Judicial Court has upheld the validity of rent acceleration clauses in commercial leases in a recent case.
Commercial leases typically give landlords several rights and remedies when tenants default. But for some landlords these remedies are not enough, so they add rent acceleration as an additional remedy.
Rent acceleration clauses allow landlords to evict defaulted tenants and demand that they immediately pay all remaining rent through the end of the lease term as liquidated damages.