Commercial Leasehold Insurance Law and Legal Definition
Commercial leasehold insurance is an insurance to cover payment of rent in the event the insured (tenant) cannot pay it. It is required by a commercial leader in a shopping center development as a prerequisite to issuing a leasehold mortgage.
Legal Definition list
Related Legal Terms
- A Commercial Trade
- Accelerated Life Insurance Benefits
- Accident Insurance
- Accidental Death and Dismemberment [Insurance]
- Accommodation Line [Insurance]
- Accountants Professional Liability Insurance
- Accounts Receivable Insurance
- Actual Cash Value Insurance
- Actual Delivery of Insurance Policy
- Actuarial Documents [Federal Crop Insurance Corporation]