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Sometimes, no matter how well-negotiated your lease is, you could still be subject to a tenant’s whim regarding certain issues, like the tenant giving its consent to changes at your shopping center or office building. And you might think that because you and the tenant are sophisticated parties, it’ll be reasonable about consent. You might even think that the covenant of “good faith and fair dealing” applies in such a scenario—which would require the tenant to not withhold consent as leverage to get other advantages.
