Contracts
A 'co-tenancy clause' in a retail lease provides that:
AMultiple tenants share the same space
BIf an anchor tenant vacates, the smaller tenant may reduce rent or terminate the lease✓ Correct
CAll tenants must share common area maintenance equally
DTwo tenants may share a single lease agreement
Explanation
A co-tenancy clause protects smaller retail tenants by allowing them to pay reduced rent or terminate if a specified anchor tenant (key draw) leaves the shopping center, since the anchor's departure reduces customer traffic to the small tenant.
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