A long-term lease that requires specific compliance usually contains which of the following?

A long-term lease typically includes a provision that mandates compliance with specific obligations and regulations. The correct answer is a Set-Up Clause, which outlines how the leased space can be utilized and any specific requirements that must be met by the tenant. This clause is essential in establishing the parameters for the use of the property, ensuring that tenants adhere to specific standards or conditions that the landlord has set forth, which may include restrictions on alterations, assignment of the lease, or compliance with local laws.

Renewal Clauses focus on the terms upon which a lease may be extended but do not specifically enforce compliance with terms during the lease period. Termination Clauses outline the conditions under which a lease can be ended but similarly do not deal with ongoing compliance issues during lease execution. Exclusive Use Clauses grant a tenant the right to be the sole provider of specific services or products in the leased space, but again, this is not aligned with the requirement for compliance as it pertains to a long-term lease.