This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Real Estate/Development

Dec. 23, 2003

Carefully Review Lease Clauses

BY MICHAEL CARBONE How carefully do you examine the waivers of subrogation, the substitution of one creditor for another, and other insurance clauses in your major tenant leases? Do you assume that the large corporate chains will be insured so fully that there is nothing to worry about?

BY MICHAEL CARBONE

        How carefully do you examine the waivers of subrogation, the substitution of one creditor for another, and other insurance clauses in your major tenant leases? Do you assume that the large corporate chains will be insured so fully that there is nothing to worry about?

        A recent decision from the Supreme Court of New York reminds us of the need f...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Sign up for Daily Journal emails