Glossary

Co-Tenancy Cure Period

Also known as: Co-tenancy remedy period, Landlord cure window

The negotiated window of time following a co-tenancy failure during which a landlord may remedy the triggering event, such as replacing a departed anchor, before the tenant's escalated remedies (alternate rent or termination) become available or before a termination right can be exercised.

The cure period is where much of the real negotiating tension in a co-tenancy clause resides: landlords push for longer cure periods (sometimes 12 to 24 months) to give themselves realistic time to re-anchor a large vacated box, while tenants push for shorter windows since every month of unresolved co-tenancy failure erodes their sales at that location. Leases often layer cure periods, granting a shorter initial period before alternate rent begins and a longer outside period before a termination right vests, and separately address what qualifies as a cure — whether a temporary or lesser-quality replacement tenant satisfies the requirement, or whether only a comparable anchor (per an anchor replacement right) stops the clock.

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