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Upon learning that it had closed its coffee shop, a shopping center landlord sued a tenant and guarantor for violating the “continuous operations” clause of the lease ...
A shopping center leased space in its parking lot to a food truck operator for a five-year term. The tenant stopped paying rent, and the landlord sued ...
After nearly two years of participating in Section 8, a PHA resident got a double dose of bad news: Her landlord was evicting her for violating the lease and exercising its authority under HUD regulations to revoke her housing voucher. A hearing was held ...
In 2018, the owner of a NYC public housing property converted the premises and its residents to a Section 8 project-based voucher program via the PACT/RAD program. When the last tenant of record listed on the Section 8 lease died in 2020, the owner terminated his subsidy ...
When negotiating the terms of a work letter with a tenant, don’t just agree to do a particular item of work “to code,” without listing any specifics or limitations. When not properly defined or limited, the phrase “to code” can be the source of confusion, miscommunication, and litigation.
The cumulative percentage rent alternative is especially attractive when dealing with seasonal businesses and other tenants whose sales revenues fluctuate throughout the year. Here’s a briefing on the cumulative rent method and how to implement it, including a Model Lease Clause that you can adapt for your own use.
Two individuals signed basically identical unconditional guaranties making them jointly and severally liable for the financial obligations of a medical tenant under a lease. The tenant defaulted, and the landlord evicted it ...