De Facto Holdover

Too often, surrender provisions in today's commercial leases are not adequately coordinated with the landlords' marketing needs, and lack adequate remedies to ensure compliance by tenants at the end of their lease terms. This article discusses the problem.

10 minute read October 29, 2008 at 09:48 AM
By
Paul R. Diamond And Dara Sahebjami
De Facto Holdover

Imagine a potential industrial tenant visiting a property only to discover workers in hazmat suits in the midst of an environmental remediation project; or the impact of having a prospective tenant find building code violations or lingering evidence of flood damage.

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