Which clause allows a landlord to reclaim space that a tenant cannot occupy?

Study for the Nevada Property Management Test. Enhance your knowledge with flashcards and multiple choice questions. Each question offers hints and explanations. Prepare for your exam!

The recapture provision is a specific clause within a lease agreement that grants the landlord the right to reclaim a portion of the leasehold space under certain conditions, typically when the tenant is unable to occupy or utilize that space due to specific circumstances. This might arise in situations where a tenant ceases operations, downsizes, or is unable to fulfill their lease obligations, allowing the landlord to recover that space for re-leasing or other uses.

The recapture provision is particularly important in commercial leases, where the landlord may want to maximize their rental income and minimize vacancy periods. It can provide a means for landlords to regain control over the premises and mitigate potential financial losses caused by tenant inactivity.

The other clauses listed do not serve this specific purpose. The termination clause generally allows either party to end the lease, while the occupancy clause outlines the terms of tenant usage of the property. The lease extension clause deals with extending the lease term, which does not relate to reclaiming space from a tenant. Thus, the recapture provision is accurately identified as the clause that allows the landlord to reclaim space when a tenant cannot occupy it.

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