“This is a well-written and useful volume. It contains a wealth of information for anyone engaged in commercial leasing and would be a valuable addition to any law library.”
— From the book review of Landlords Rights and Remedies in a Commercial Lease: A Practical Guide, by David H. Michels, Sir James Dunn Law Library, Dalhousie University (2018 Canadian Law Library Review/Revue canadienne des bibliothèques de droit, Volume/Tome 43, No. 4)
The risks for commercial landlords are often unpredictable. Without adequate preparation and protection, these situations can quickly grow into financial nightmares. That means knowing:
- Exactly what to do before entering into a lease
- What specific security or other protection you should obtain when entering into a lease
- Key factors and warning signs you must be vigilant about during the term of the lease
- How to immediately employ the remedies you have available when a tenant defaults
New contributors, new articles, new updates
The commercial lease landscape has evolved considerably since the first edition of Landlords Rights and Remedies in a Commercial Lease: A Practical Guide. New contributors have joined the author team to bring a fresh perspective to this new edition.
Discover new articles on such topics as:
- A bailiff’s perspective on distress and termination
- How to draft effective indemnity and limitation of liability clauses
- How to deal with defaulting tenants who have extension or renewal rights
- The duty of good faith and the commercial lease
- The real property limitations period
- The inner workings of arbitration and mediation
- New environmental considerations you can't ignore
- Force majeure
- Landlords rights and remedies in Quebec
The contributors have thoroughly updated all topics in the original edition to reflect the current state of the law, including:
- Remedies for rent arrears
- Remedies for breach of contract
- Use of the premises
- Mandatory operating clauses
- Guarantee and indemnity agreements
- Landlords covenants for quiet enjoyment
- Insurance
You'll also find an update and survey of recent case law, updated precedent forms, and new sample lease provisions, including:
- Notices of rent default, distress, and termination
- Sample security agreement, indemnity agreement, option to renew, and extension of term provisions
Follow a practical decision tree to choose the most effective approach
Simply turn to the chapter that addresses your immediate concern. The options at your disposal, and how to implement them, are explained step by step.
