Landlord Tenant Law

Purchaser Adequately Alleged Concealment of Defects
Space Allocation Cannot Be Changed Without Unanimous Vote; Unjust Enrichment Claim Survives

No Easement CreatedGrant Created Valid and Alienable Possibility of Reverter
Contract Vendee Entitled to Specific Performance
Questions of Fact About Scope of Mortgage

In a case of first impression, and after it decided public policy would not be offended, New York's Appellate Division, Second Department, decided earlier this year that commercial tenants may contractually waive the right to seek a Yellowstone injunction in 159 MP Corp. v. Redbridge Bedford,

Part Two of a Two-Part Article

Part One of this article discussed changes affecting real estate including the pass-through business deduction adopted in new §199A of the Tax Act. Part Two expands upon the workings of the pass-through business deduction (pass-through deduction).

One of the significant updates to the law is that now, a tenant at an industrial or manufacturing site can, under appropriate circumstances, claim the “bona fide prospective purchaser” defense to Superfund liability and escape strict, joint, and several owner/operator liabilities when leasing previously-contaminated property.

Lease Assignee Can Make Claim that Appears to Concern Only Property's Owners

One critical component to the successful evolution of a shopping center is creating a stronger connection with community through attractions, events and promotions that bring a fresh vibrancy to the centers. These specialty relationships and other short-term relationships are generally memorialized in a license agreement rather than a traditional lease.

Does a local law requiring site plan review satisfy the statutory requirement when a town (or village) has enacted neither a formal comprehensive plan for a zoning ordinance?