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It is hard to imagine a more needless oversight than the failure of some producers and their staffs to review leases when working on new or renewal accounts. Leases contain certain "boilerplate" provisions that deal with insurance, and you should be familiar with them. Additionally, customized riders attached to the standard printed document can include clauses that could affect property or liability insurance. These provisions are: 1. increase in hazard/increase in rate, 2. abatement of rent, 3. additional rent, 4. indemnification, 5. insurance, 6. waiver of subrogation, 7. contractual liability, and 8. net leases. Leases can be complex, but from an insurance standpoint, the issues they present are fairly simple. Whether your client is the landlord or the tenant, you can increase your ...
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Landlord-tenant; breach of lease; assignment of lease; rent abatement.
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...(ii) The unit rented (address, apartment number, and any other informat...(4) Provisions shall be made for abatement of rent in proportion to the seriousness of the da...
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Landlord and Tenant Law: Sublessee not in privity of contract with original lessor and cannot bring action for breach; interpretation of exclusive use provision in shopping center lease; application of state restraint of trade law in R.C. Chapter 1331; application of estoppel and waiver defenses; rent abatement clause in exclusive use provision is an unenforceable penalty, when.
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... late, then tenant receives one day of rent abatement for each day of delay, two daysthe rent ...
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...1.1 Check your lease for rent abatement and termination rights Generally, most c...
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The landlord of a Prince George's County law firm was not entitled to summary judgment awarding him possession of leased office space and unpaid rent because factual disputes remained about the state of the property and the firm's right to rent abatement, the Court of Special Appeals held.
The Law Offices of Taiwo Agbaje's obligation to pay rent was not independent of JLH Properties II LLC's obligation to maintain the property, and the lease provided that the firm only had to pay for portions of the office space that were usable, according to last week's opinion.
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... the tenant from all obligation to pay rent. We conclude, under the circumstances of this case... and enjoyment of the space, total rent abatement is not warranted. I. In February 1998, plaintiff E...
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(This article was originally published in The Daily Record, Baltimore, Md., another Dolan Media publication.)
The landlord of a Prince George's County, Md., law firm was not entitled to summary judgment awarding him possession of leased office space and unpaid rent because factual disputes remained about the state of the property and the firm's right to rent abatement, the state Court of Special Appeals held.
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...100 B and abatement; specialty Anchorage, AK 99501 coatings and sandbl... Company Top Executive Airport Equipment Rentals Jerry Sadler, Owner/Pres. 5904 Old Airport Rd. Fai...