Property Management
A Rhode Island commercial landlord who wants to ensure the tenant carries adequate property and liability insurance should include what provision in the lease?
AA subordination clause
BAn insurance requirement clause specifying minimum coverage and naming the landlord as an additional insured✓ Correct
CAn estoppel certificate provision
DA right of first refusal clause
Explanation
An insurance requirement clause in a commercial lease specifies the types and minimum amounts of insurance the tenant must carry and typically requires the landlord to be named as an additional insured.
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