Owner Loses

Tenant Had Ownership of Rooftop Sign

October 19, 2012    
Facts: An owner and a tenant disagreed about which party owned the outdoor advertising sign on top of the building. The owner asserted that the sign is an “improvement and appurtenance” to the building and therefore was conveyed to it when it bought the building. The tenant contends...
Owner Wins

Appeals Court Overturns Jury Verdict in Slip-and-Fall Case

October 19, 2012    
Facts: A business owner slipped on a puddle of oil on the floor of the warehouse space he rented. He sued the trust that owned the property and the trustee (the defendants) for negligent maintenance of the premises and a jury trial was held. The jury ruled in his favor. The defendants asked the...
Feature

Cover Five Points in Free Rent “Buy-Back” Option

September 28, 2012    
Owners often give tenants a “free rent” concession—that is, a portion of the term of a lease when no rent is required—to entice them to lease space. For example, in order to attract tenants to your new office building, you might offer a three-month rent-free period to those...
Q & A

Determining Whether Dispute Is Resolved by Court or Arbitration

September 28, 2012    
Q: I’d like to make changes to the appearance of my shopping center, but under the lease with one of my tenants, the tenant has to give its consent to the changes before I can make them. I believe the changes won’t affect the tenant, so I think it’s being unreasonable by...
Owner Wins

Triple Net Lease Shielded Owner from Liability

September 28, 2012    
Facts: An appliance store leased a building and parking lot “as is” from the owner under a triple net (NNN) lease—that is, a lease in which a commercial tenant is responsible for maintaining the premises and for paying all utilities, taxes, and other charges associated with the...
Owner Loses

Proof of Lack of Notice of Icy Condition Required

September 28, 2012    
Facts: The employee of a fish market that rented the ground floor in a commercial building slipped and fell on ice on the sidewalk outside the store. He sued the owner of the building and the tenant. He asserted that the tenant and owner were both negligent by allowing the icy condition to exist...
Feature

Use Notice, Not Clause to Set Commencement Date

August 30, 2012    
Many important events and options for you and your commercial tenant are measured from your lease’s commencement date. The commencement date controls critical information, such as when the lease will expire, when rent starts, and when the tenant’s special options must be exercised.
Q & A

Protecting Against Liability for Personal Injury, Property Damage

August 30, 2012    
Q: If my tenant causes damage to the space it rents from me, or is responsible for accidents or injuries that happen there, it’s only fair that the tenant should pay for them. Is there a way to make the tenant pay for damage it causes and also help me to avoid responsibility for damages I...
Owner Wins

Outbuildings Not Included in Lease’s Maintenance Requirement

August 30, 2012    
Facts: An employee of a truck rental company tenant sued the property’s owner for negligence, after the employee injured his back when he stepped into a hole in the floor of a tire “shed” that was on the property the owner leased to the tenant. The owner asserted that it owed no...
Owner Loses

Owner's Misrepresentation Justified Lease Termination

August 30, 2012    
Facts: A fast-food restaurant signed a five-year lease with the owner of a building that had been used previously for a similar restaurant. Under the lease, the owner represented and warranted to the tenant that there were no existing restrictions, building and zoning ordinances, or other laws or...