Property Management

A Virginia commercial lease provision requiring the tenant to maintain the property in good repair is an example of:

AA surrender clause
BA maintenance and repair covenant✓ Correct
CA hold-harmless clause
DAn estoppel certificate requirement

Explanation

A maintenance and repair covenant in a commercial lease requires the tenant to maintain the property (or portions thereof) in good condition, protecting the landlord's asset and defining which party is responsible for what types of repairs.

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