A clause in a contract permitting the party who grants an interest or right to take it back under certain conditions. A recapture clause may also be used to give a ground lessee the right to purchase the fee after a set period of time has elapsed.
Related information about recapture clause:
- Recapture Clause Definition | Investopedia
A provision usually found in percentage leases, especially in shopping-center leases, giving the landlord the right to terminate the lease - thereby recapturing ...
- Recapture Clause: Definition from Answers.com
In a contract, a clause permitting the party who grants an interest or right to take it back under certain conditions.
- recapture clause - Business Definition
recapture clause definition: The section of a lease agreement that permits the lessor to terminate a lease prior to the end of the scheduled term. For example, the ...
- Recapture Clauses Help Landlords Retain Control of Properties ...
A recapture clause permits a landlord to terminate the entire lease or a portion of it for the proposed assigned space. By giving control of occupancy to landlords, ...
- recapture clause - Financial Dictionary - The Free Dictionary
(1) A clause in a lease setting out conditions under which the landlord may recapture the premises even without a default by the tenant.A common usage occurs ...
- What is recapture clause? definition and meaning
Definition of recapture clause: A clause in a contract permitting the party who grants an interest or right to take it back under certain conditions. A recapture ...
- Landlord's Right To Recapture Premises - Galuppo and Blechschmidt
A Recapture Clause, simply stated, is a provision in a Lease that allows a ... there must be a Recapture Clause drafted into the Commercial Lease. The right to ...
- Commercial Lease Recapture Provision May Terminate Assignor ...
Aug 7, 2012 ... Careful Drafting of Recapture Clause. Recently, I worked on a litigation matter on behalf of a client where the lease (or, in this case, ...