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What Happened: A retail tenant asked out of its lease, and the landlord agreed. The result was a written termination agreement requiring the tenant to pay a $55,000 lump sum, as well as “all Minimum Guaranteed Rental, Tenant’s Common Area Maintenance Charge, Insurance Escrow Payment, and Tax Escrow Payment. . . . up to and including the Termination Date.” The tenant paid the lump sum but not the CAM charges.
