Helpful Commercial Leasing, Arbitration And Mediation Tips - February 2015

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Goldman Sloan Nash & Haber LLP
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For more than 40 years, Goldman Sloan Nash & Haber (GSNH) LLP has helped leading businesses, entrepreneurs and individuals successfully navigate the maze of corporate & commercial law to help protect and grow their businesses. Our mid-sized law firm is based in downtown Toronto and provides advice across all major practice 
At common law, a landlord has no implied legal duty to repair commercial premises, despite the fact that the landlord is aware of a proposed usage that will require modifications to the existing premises.
Canada Real Estate and Construction
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Duty to Repair

At common law, a landlord has no implied legal duty to repair commercial premises, despite the fact that the landlord is aware of a proposed usage that will require modifications to the existing premises.

Mutual Covenant to Repair

It is not unusual for parties to a lease to agree to a covenant whereby the landlord is obligated to make certain repairs (usually structural) to the premises either in the ordinary course or to put the premises into an appropriate state to permit the tenant to enter into occupation. If so, the landlord is bound to honour the terms of the agreement.

Damages

A tenant's main remedy for breach of the covenant to repair is damages.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Helpful Commercial Leasing, Arbitration And Mediation Tips - February 2015

Canada Real Estate and Construction
Contributor
Goldman Sloan Nash & Haber LLP logo
For more than 40 years, Goldman Sloan Nash & Haber (GSNH) LLP has helped leading businesses, entrepreneurs and individuals successfully navigate the maze of corporate & commercial law to help protect and grow their businesses. Our mid-sized law firm is based in downtown Toronto and provides advice across all major practice 
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