Clause LibraryHoldover
Holdover Clause
Termination
warning risk
both lease
Consequences of staying past the lease term without a new agreement.
Tenant-friendly language
“Holdover rent is 110% of the prior rent on a month-to-month basis.”
Landlord-friendly language
“Holdover rent is 200% of the prior rent plus consequential damages.”
What to watch out for
Holdover penalties of 150-200%+ and exposure to consequential damages.
How to negotiate
Cap holdover at 110-125% and exclude consequential damages.
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