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Commercial Leases/Business Goodwill

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 1: Commercial leases

    • Title 2: Performance of the lease agreement

      • Chapter 3: Rent

        • Section 1: Initial lease

          • I: Agreement of the parties

          • II: Actual and genuine rent

          • III: Flat-rate rent

          • IV: Variable or binary rent/Turnover clauses

          • V: Single-purpose premises

            • A: Concept

            • B: Single exploitation or use

            • C: Major and costly works or alterations

            • D: Intended use of the premises

            • E: Particularity of clientele

          • VII: Step rent

135. Purpose of the lease

1 minute de lecture

Monovalence is primarily based on two criteria: exclusive use or operation, and the cost of conversion. The criterion of contractual purpose, while not excluded, cannot alone characterize it, as other criteria are preferred. Thus, premises must be considered monovalent when they are designed for the operation of a garage activity and cannot be assigned to another purpose without significant work a …

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