In the balance of power between landlords and tenants, the risk of default is usually higher for the tenant. While many landlords have accrued wealth and invested in low-risk assets, many tenants are ...
"At first blush, adding to the Chinatown test a requirement that the notice instruct the tenant "how to cure" might be viewed as a boon to tenants, because it imposes upon the landlord, as the drafter ...
Since the economy has slowed, landlords and tenants should review the remedy provisions for defaults under their leases. Like so many legal documents, the details become important. This article ...
At least in the Ninth Circuit, any default under the lease, including both material and immaterial defaults, will trigger Section 365’s requirement that tenant cure, compensate for any pecuniary loss, ...
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