Insurance clause naming the landlord on the tenant's policy.
Legal · US
Insurance clause naming the landlord on the tenant's policy.
Standard requirement: tenant's commercial general liability and property insurance must name the landlord and lender as additional insured / loss payees. Confirm policy limits annually.
Loss payee endorsement is part of the legal vocabulary that institutional Class A occupiers, landlords, and advisers use across US markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks the US definition alongside the global standard so cross-border occupiers can translate quickly.