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Lease Commencement Delay Calculator
Delivery delays trigger lease penalties. This calculator sizes exposure.
Total exposure
$656,250
Abatement value
$468,750
Liquidated damages
$187,500
How the math works
Abatement = rent × delay × multiplier. Liquidated = daily × delay days. Total = both.
Lease commencement delay exposure compounds when construction and mechanical delays stack. Build 45-60 days of schedule cushion into commencement dates at LOI stage — it's free to give in negotiation and expensive to lose at delivery.
How to Use
- Enter monthly base rent.
- Enter delay months.
- Enter abatement multiplier (1 day = 1 day, 1.5, 2).
- Enter liquidated damages daily.
- Enter termination threshold days.
- Read total exposure.
Frequently Asked Questions
Delay remedies?
Rent abatement: 1:1 for delay days (market). Commercial often 1.5:1 or 2:1 for landlord-caused delays beyond outside date. Liquidated damages: $500-5,000/day on specific large tenants. Termination right: usually 90-180 days past target.
Outside dates?
Target commencement (expected): smooth abatement begins if missed. Outside date (hard deadline): tenant can terminate + collect relocation costs + expenses. Usually 90-180 days past target. Negotiate outside date + extensions in drafting.
Mitigation?
Realistic schedule commitment in lease. Long outside date (180+ days). Force majeure protection. Tenant delay carveouts (their change orders, their delays). Specific causation language — who caused what.
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