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On the Path of Lease Resistance

New York practitioners representing a prospective retail tenant looking to enter into a new lease for space in an existing shopping center must recommend appropriate diligence prior to the client's entry into the new lease.

25 minute read April 26, 2012 at 04:02 PM
By
Sonia Bain and Daniel Anziska
On the Path of Lease Resistance

If a retail tenant enters into a lease for space within a shopping center and the landlord does not disclose a co-tenant's exclusive use provision or other restrictions affecting the leasable space, what are the potential consequences to the new tenant if its business use infringes upon or violates any such restrictions?

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