commercial lease

7 posts

Amending or Waiving Landlord-Tenant Law by Contract

FPA Crescent Associates, LLC (FPA) owns the Crescent Building in Spokane, Washington.  It leased a portion of the building to Pendleton Enterprises LLC (Pendleton).   The lease defined the “lease term” as beginning on the commencement date and ending on the expiration date, unless terminated sooner pursuant to the express […]

Which Lease Covenants Run With the Land?

Niko’s Gourmet Inc. rented commercial space from Pacific Security Financial Inc. The owners of Niko’s Gourmet Inc. personally guaranteed the lease obligations. Pacific Security Financial Inc. sold the building to Peyton Building, LLC. Pacific Security Financial Inc. and Peyton Building, LLC. did not, however, execute an assignment of the lease.