What is Holdover Rent?
Definition
The rent rate that applies if the tenant remains in the space after lease expiration without a renewal agreement. Typically 150% to 200% of base rent. Landlord-favorable holdover provisions can cost a tenant several months of premium rent during transition.
Frequently asked questions
What is Holdover Rent?
The rent rate that applies if the tenant remains in the space after lease expiration without a renewal agreement. Typically 150% to 200% of base rent. Landlord-favorable holdover provisions can cost a tenant several months of premium rent during transition.
Why does holdover rent matter in a contract?
Risk level: Medium. Holdover at 200% of $40/sf rent is $80/sf annualized. Inkvex flags holdover rent clauses during analysis, explains the risk in plain English, and suggests negotiation language to protect your interests.
How does Inkvex analyze holdover rent clauses?
Inkvex scans your contract for holdover rent-related clauses, flags risks in plain English, quotes the exact language from your document, and cites jurisdiction-specific laws that may affect enforceability. Upload any contract at inkvex.app for a free analysis.
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