Commercial Lease Forfeiture

Commercial Lease Forfeiture

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What is Commercial Lease Forfeiture?

Commercial Lease Forfeiture refers to the legal process through, which a landlord can terminate a lease and repossess the property. This is if the tenant has defaulted on rent payments or breached other lease terms.

Forfeiture is a remedy available to landlords to recover outstanding debts and regain possession of the property.

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