Contracts
An Arizona commercial lease that has a 'co-tenancy clause' provides:
AThat all tenants must agree to lease terms
BThat the tenant can reduce rent or terminate the lease if a key anchor tenant (or specific occupancy level) leaves the center✓ Correct
CThat two tenants share one unit
DThat the landlord must always keep certain named tenants in the center
Explanation
Co-tenancy clauses are common in retail leases, giving tenants the right to reduce rent or terminate if a named anchor tenant leaves or if occupancy falls below a threshold, because the tenant's business depends on foot traffic from the anchor.
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