What is the purpose of a recapture clause in a lease agreement?

The purpose of a recapture clause in a lease agreement is to enable the landlord to recover space that cannot be occupied, which is why the selected answer is correct. This clause is particularly important in commercial real estate because it provides landlords with the right to regain possession of a leased space under specific circumstances, such as when the tenant is not utilizing the entire space they have leased or if they are subleasing part of it. It allows landlords to reclaim this unused area and potentially lease it to another tenant, thus maximizing the use of their property and minimizing losses due to unoccupied or under-utilized space.

This preservation of the landlord’s interests is essential in maintaining the financial viability of the property. It can also incentivize tenants to make full use of the leased space, as they know that the landlord can intervene if significant portions are left vacant. Other options in the question do not accurately reflect the primary function of a recapture clause, thereby highlighting why the chosen answer is the most fitting in this context.