Property Management
In Kansas commercial property management, a 'co-tenancy clause' in a lease typically provides that:
AThe tenant must share their space with another tenant
BThe tenant may reduce rent or terminate the lease if a key anchor tenant ceases operations✓ Correct
CMultiple tenants share one lease agreement
DThe tenant co-manages the building with the landlord
Explanation
A co-tenancy clause allows a tenant to reduce their rent or potentially terminate their lease if a specified anchor tenant leaves, as their departure affects customer traffic and the tenant's business viability.
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