Topic: Commercial Lease

Entering into a commercial lease is rarely a temporary decision. Further, being locked into a lease that doesn’t work for your business can result in a struggle that could lead to unintended costly outcomes. Due to the long-term nature of the agreement, listed below are some key terms that landlords and potential tenants should consider…

Recent decisions from British Columbia courts underline the risk to commercial landlords in misinterpreting their leases or otherwise assuming there is little risk in shutting down the business of an unprofitable tenant. Avoid the rush to terminate a commercial lease, and first, get the advice of a professional. In Shanahan  v. Turning Point Restaurant Ltd.,…