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Definition: REA

The Reciprocal Easement Agreement (sometimes called a “COE” or “COREA”) is an agreement between the Landlord and all participants in a shopping center that governs every aspect of development, construction, operation, maintenance, and use during the life of the shopping center.

Contributed By:
Kenneth Leonard, Principal, Leonard AssociatesKenneth Leonard
Principal
Leonard Associates

The GLG Industry Dictionary
is written by GLG Experts.



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