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Re: Non compete clause
by Garry
on January 26, 2021 @16:28
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I'm just guessing on this. You could probably have a no-compete clause inside the building that you own, and for the same type of business. So for instance, if you had a pizza parlor as a tenant, you could either say no other pizza places are allowed in your building, as long as that tenant stays there, OR no more food places in your building, like a Subway, or a small restaurant.
But you can only regulate businesses in YOUR building. You have NO control over other buildings you DON'T own. So another pizza place or Subway or small restaurant could locate right across the street, in a building you don't own, and that would NOT be a violation of YOUR non-compete clause. You would need to check with an attorney to be sure on all this.
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