Landlord Waiver

Last Updated: Jun 7, 2019

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Most often a Landlord Waiver is used when inventory or equipment lenders are secured by collateral located in premises leased by the borrower. In those cases, the secured lender may request a landlord’s waiver to establish the lender’s right to enter the premises and to control or remove the collateral. May also be used to obtain a landlord’s permission and waiver of rights when a lender takes a security interest in leasehold improvements made by a borrower/tenant.