Demarkus finally received financial backing from his wealthy aunt in order to open a pawn shop. He contacted the landlord of a nearby shopping center since he had his eye on a vacant storefront. To his surprise, his request for a lease was denied. What most likely prevented the landlord from leasing to Demarkus? A. A licensing clause

B. A fixed-rate clause

C. A prohibited use clause

D. An escape clause

Question

Tango

Business

26 December, 20:22

Demarkus finally received financial backing from his wealthy aunt in order to open a pawn shop. He contacted the landlord of a nearby shopping center since he had his eye on a vacant storefront. To his surprise, his request for a lease was denied. What most likely prevented the landlord from leasing to Demarkus? A. A licensing clause

B. A fixed-rate clause

C. A prohibited use clause

D. An escape clause

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Answers (1)

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Brennan Mcdaniel · Answer 1

A prohibited use clause

Explanation:

A prohibited use clause is a clause that is used to stop a particular tenant from making use of the leased premises in a way that the landlord believes would be a disturbance to the other tenants and lower the total value of the property.

Denmarkus request for a lease was denied because the management of the shoping center might not like the idea of a pawn shop within the vicinty.