Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Columns & Departments

Case Notes Image

Case Notes

ssalkin

Despite State Law, Merger Extinguishes Renewal Rights of Successor in Interest Court May Rely on Parole Evidence to Show Illegal Purpose of Sublease

Features

Deciphering the Tax Status of Leased Property Image

Deciphering the Tax Status of Leased Property

Janice G. Inman

Is a property leased to a farming tenant a commercial property or an agricultural property? What about a building leased to a government entity? The distinction can make a difference in the tax laws that apply to the parcel.

Features

How a Call to Service May Impact Rights and Obligations Under a Lease Image

How a Call to Service May Impact Rights and Obligations Under a Lease

Andrew Dector

When members of the military are be called into action, the impact could be felt right here at home by our commercial landlords, especially those whose tenants are composed of businesses owned or operated by a sole proprietor, or an owner with one or two employees.

Features

Lessor Repossession of Property on Eve of Lessee Bankruptcy: Voluntary Turnover or Face Contempt Image

Lessor Repossession of Property on Eve of Lessee Bankruptcy: Voluntary Turnover or Face Contempt

Theresa A. Driscoll

Lessors who repossess property immediately prior to a lessee bankruptcy filing may be required to return such property or face sanctions by the bankruptcy court. Federal courts are currently split on the issue of whether the lessor must voluntary surrender property seized pre-petition or may hold such property until the debtor obtains an order of turnover.

Features

Achieving Commercial Real Estate Success Post-Brexit Image

Achieving Commercial Real Estate Success Post-Brexit

Mathew B. Tully & Barry Crushell 

Proper planning and the ability to pivot will help American companies with UK, EU commercial property interests.

Features

Let Freedom (of Contract) Ring: Yellowstone Waivers Are Enforceable Image

Let Freedom (of Contract) Ring: Yellowstone Waivers Are Enforceable

Joshua Kopelowitz & Richard Corde

This is the third in a series of articles exploring whether parties to a commercial lease can contractually waive a tenant's right to seek a Yellowstone injunction. In a recent ruling, the Court of Appeals, in 159 MP Corp. v Redbridge Bedford, LLC, left no doubt that a contractual waiver of a right to seek a declaratory judgment and/or a Yellowstone injunction in a commercial lease is enforceable.

Features

Landlord Considerations When Drafting Assignment and Subletting Provisions Image

Landlord Considerations When Drafting Assignment and Subletting Provisions

Mark Morfopoulos

Restricting a tenant's right to transfer the property it is leasing to a third party is a key component to any lease. Many lenders require landlords to obtain lender consent before the transfer is effective. Failure to obtain such consent could lead to a landlord's default under the terms and conditions of the loan documents, so it is imperative for a landlord to review its loan documents each time it receives a request from a tenant to transfer its interest under the lease.

Features

Retail's New Normal Image

Retail's New Normal

Natalie Dolce

Welcome to the evolving world of retail — a world that is geared toward changing the way people engage in retail and retail destinations feature a blend of entertainment, experiences and services.

Features

Does a Roof's Warranty Remain Effective Under Solar Panels? Image

Does a Roof's Warranty Remain Effective Under Solar Panels?

Jonathan B. King

The growing interest in alternative fuel sources may be a boon for property owners seeking new ways to generate profits and savings. But care should be taken when a roof is the proposed site of a solar-panel installation, whether managed by a property owner or by a lessee.

Columns & Departments

Case Notes Image

Case Notes

ssalkin

Option to Buy Is Exercised, and 'Tenant' Is No Longer a Tenant

Need Help?

  1. Prefer an IP authenticated environment? Request a transition or call 800-756-8993.
  2. Need other assistance? email Customer Service or call 1-877-256-2472.

MOST POPULAR STORIES