Lease addendum to guarantee construction date?
I am currently negotiating a commercial lease with a landlord and would like to have it negotiated before my attorney looks it over for my protection. I would like to get the landlord to agree to an addendum that would guarantee the construction complete date he has promised me. He will be building out the unit to suit our needs. I want to add penalties in the lease to give him incentive to meet his deadline. What are common penalties for something like this? Thank you.
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