Feature
November 25, 2024
Tenants can come up with clever ways to deprive landlords of sublet profits.
Winners & Losers
November 25, 2024
Two rulings illustrate how courts make this crucial determination.
Contracts Law, 101: A contract may be rescinded if it later becomes clear that the parties entered into the agreement with the same belief about something relating to the essence of the contract and that mutual belief...
Dos & Don'ts
November 25, 2024
Make sure that all notice requirements in your lease sync up with each other. When notice rules of one provision conflict with those of another, you run the risk of running afoul of notice requirements even if the notice you actually provide satisfies all requirements of the particular clause to...
Dos & Don'ts
November 25, 2024
Don’t sign a lease with a federal, state, or municipal government agency unless and until it gets all of the approvals necessary to enter the lease. If the approvals aren’t all in place, the signed lease may turn out to be void or voidable by the government tenant.
Many government...
Owner Loses
November 25, 2024
What Happened: A Rite Aid tenant in Redwood, Calif., notified the landlord of its desire to extend the lease for another five years. But the parent company filed for bankruptcy shortly thereafter. Under Section 365(d)(4) of the bankruptcy laws, a debtor in possession of commercial property has 120...
