Abatement Clause

An abatement clause is a clause included in some lease contracts which frees the lessee from their obligation to make lease payments if they are unable to use the rented property.

Example: A person leases a car and during the lease term that person becomes injured and cannot drive the car. If the person’s lease agreement has an abatement clause which covers this situation, they would not have to continue making lease payments until they were able to drive again.

More on this topic:
Car leasing calculator