When a tenant files for bankruptcy and rejects its lease, the Bankruptcy Code limits a landlord’s rejection claim to the amount of any unpaid rent and rent-related charges accrued prior to the tenant’s bankruptcy plus future rent and rent-related charges (e.g., common area maintenance charges, real estate taxes) reserved under the lease (without acceleration) for… Continue Reading
Category Archives: Landlords
Subscribe to Landlords RSS FeedFor Purveyors of Medical Marijuana, Siting Dispensaries Gets Easier in Massachusetts, and Federal Tax Concerns Begin to Settle
Posted in Landlords, Municipalities, Real Estate, Retail, Tax, ZoningSome retail landlords in Massachusetts will welcome medical marijuana treatment centers as tenants by the end of the year, and treatment center operators have recently had some good news regarding local land use and federal tax regulation of medical marijuana. Although many state governments are easing the path towards legalizing marijuana for medicinal use, local… Continue Reading
Restaurant Paradox: Encouraging and Discouraging New Restaurants in Washington, D.C.
Posted in Development, Landlords, Restaurants, Retail, ZoningResearch has suggested that zoning can have both anti-competitive and pro-competitive effects on retail establishments. The anti-competitive effects may be caused by limiting the number of certain types of retail establishments, by prohibiting some types of retailers, or by encouraging certain types of retailers over others. Other research has shown that zoning can increase competition… Continue Reading
Snow and Ice Removal: The Duties of Commercial Property Owners and Tenants
Posted in Landlords, Retail, TenantDuring the winter months, owners and tenants of commercial property should be sure they understand their legal duties to remove snow and ice and the liability risks if they fail to do so. If a visitor to a store slips and falls in the icy parking lot, for example, the property owner and the tenant… Continue Reading
Staying High and Dry: Considerations of Landlords and Tenants in Floods
Posted in Insurance, Landlords, Risk Management, TenantWhile landlords and their tenants in areas like New York City continue to recover from flooding in the wake of Hurricane Sandy, landlords and tenants of one of Washington, D.C.’s premier waterfront destinations are still reeling from the after effects of a 2011 storm that caused severe flooding in the nation’s capital. According to the… Continue Reading
A Tenant’s Employee has a Criminal Record. How Does a Landlord React?
Posted in Employment, Landlords, Liability, Retail, TenantEmployers often are faced with applicants or employees who have criminal backgrounds. There is legislation which provides guidance to employers who wish to make pre-employment inquiries, establishes certain access to criminal offender record information (“CORI”) and provides for a process by which employers may make employment decisions based on CORI. While for the most part… Continue Reading
When The Unthinkable Happens: Owner Liability For Homicide In Shopping Malls
Posted in Landlords, Liability, Retail, Risk ManagementIn the wake of recent open mall shootings in New Jersey, Toronto, Michigan and Texas, many observers reacted by wondering how these incidents could have been prevented and who may share responsibility for them. The extent of a property owner or landlord’s liability may be surprising. For example, a July 2012 decision by a New… Continue Reading
Landlord Considerations: Medical Marijuana Cultivation Centers and Dispensaries
Posted in Landlords, LeasingOn March 30th the District of Columbia Department of Health announced the first group of businesses that are eligible to establish marijuana cultivation centers as part of the District’s medical marijuana program. The businesses that will be eligible to establish marijuana dispensaries are expected to be announced in late June. The implementation of D.C.’s medical… Continue Reading
Back Bay Blackout
Posted in Landlords, Leasing, TenantHope for the best but prepare for the worst. Fires, natural disasters such as floods, hurricanes and earthquakes, and extended power outages can become dangerously “hypothetical” in the heat of a retail lease negotiation. But just ask landlords and retail tenants in Boston’s Back Bay, Chinatown, Theatre District, Kenmore Square and the South End about… Continue Reading
Will Landlords Get Sandwiched in Grocery Wars?
Posted in Landlords, TenantGrocery store tenants are likely to make demands on their commercial landlords to enforce lease exclusive-use covenants that have been slumbering peacefully in leases for years, dragging those landlords into the middle of a food fight that will raise such questions as whether a tenant retailer can sell bologna but not bacon. Retailers better known for… Continue Reading