Commercial Property Blog

Usually, a lease is created in writing to establish a landlord-tenant relationship. In this article, Senior Associate Dean Claughton, discusses a case where the tenants were required to pay outstanding rent due to a verbal agreement they had in place with their landlord.

When thinking about terminating a lease, it is important for parties to both exercise caution and avoid terminating without first obtaining relevant legal advice.  Seeking professional legal advice prior to making a decision to terminate will provide parties with assurance that the opposing party's failure to comply with the lease obligation does actually give them the right to terminate.