Tenant Audit Rights
(Commercial Lease) (Pro-Landlord)

Summary

This tenant audit rights clause is for use in a commercial lease. It provides for the tenant's right to audit the operating expenses charged by the landlord. This template includes practical guidance and drafting notes. This clause favors the landlord by limiting the scope of the audit on when the audit should be requested and completed, where the audit is performed, and who can perform the audit. Defined terms in this clause should be conformed to those used in the relevant lease. For a version of this clause that favors the tenant, see Tenant's Audit Rights Clause (Commercial Lease)(Pro-Tenant). For further guidance on tenant audit rights in a commercial lease, see Office Lease Agreements, Retail Lease Agreements, and Industrial Lease Agreements.