Posts Tagged ‘leasing’
Why Recording Matters for Tenants
In North Carolina, the “race” to the local register of deeds still exists, and as some litigants know, that lesson can be an expensive one. Many commercial leases represent a substantial investment for tenants. Some of those leases have terms that last for decades. However, it is not unusual for commercial buildings to be bought…
Read More >Commercial Leasing: Responding to a Notice of Public Nuisance
Owners of leased commercial properties face the risk of being held responsible for the manner in which a tenant uses the property. Oftentimes, these risks are addressed through mandated insurance coverage and contractual provisions requiring the tenant to indemnify the landlord for specified liabilities. One common example can be found in provisions addressing the owner’s…
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