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Features
<b><I>Part One of a Two-Part Article</I></b><p>This article contains some of the lesser-known, creative clauses used to ensure either payment of rent and compliance, or a swift eviction of the commercial tenant. They are what the authors call "tools of the effective default clause."
Features
Good Guy Guarantees are intended to protect landlords against defaulting and insolvent commercial tenants. However,iIn <I>Bri Jen Realty Corp. v. Altman</I>, New York's Second Appellate Department construed a Good Guy Guarantee to hold a guarantor liable for rent for 11 months after the tenant surrendered the premises.
In-depth analysis of a case involving a landlord's consolidated holdover proceedings against a charitable institution leasing four residential apartments.
Columns & Departments
In-depth analysis of two cases of interest.
Features
Over the past 20 years, the rise of email as a generally-accepted medium of business communication has prompted the law to allow certain contracts, including leases, to be entered into electronically, without a handwritten signature. This article addresses recent developments and the present state of the law with respect to commercial leasing and electronic media.
Features
With increasing frequency, requests for emotional-support and service animals in housing lead to disputes under the Federal, State and City Discrimination Laws that protect the disabled. The requests are often mishandled by either the housing provider, the disabled person or both.
Columns & Departments
In-depth analysis of several pivotal rulings.
Features
Good Guy Guarantees are designed to ensure that defaulting commercial tenants leave the premises promptly, avoiding loss of rental income to landlords. However, in <i>Bri Jen Realty Corp. v. Altman</i>, the Second Department construed a Good Guy Guarantee to hold a guarantor liable for rent for 11 months after tenant surrendered the premises.
Columns & Departments
Discussion of two recent cases.
Columns & Departments
Cases involving an air stripped in a park, and failure to maintain a landmarked building.