by VDT Attorneys | Sep 7, 2017 | Lease, Property
A right of first refusal (also called a right of pre-emption) affords the holder of the right a preference to buy a property should the owner ever wish to sell it. Importantly, the owner does not have to sell the property, but should the owner decide to sell then the...
by VDT Attorneys | Apr 11, 2016 | Commercial, Lease, Property
The purpose of a deposit and what should be done with it at the expiration of a lease is regulated primarily by the Rental Housing Act (“Rental Act”). The Rental Act provides that a landlord may require a deposit at the beginning of the lease and the deposit must be...
by VDT Attorneys | Mar 8, 2016 | Lease, Property
Leasing property can hold financial benefit. But of course there is always the issue of a bad tenant that can upset the applecart. Just as a landlord has certain obligations towards a tenant, so a tenant has a duty to pay his rent on time. This is governed by the...
by VDT Attorneys | Nov 9, 2015 | Lease, Property
This is a complex question that doesn’t necessarily have a short answer. The first step is to study the rental agreement to determine if it specifically states what the respective rights and duties of the parties are when it comes to lease improvements. Parties can...
by VDT Attorneys | Jun 11, 2015 | Lease, Property
It is a fundamental principle of our law that no man be allowed to take the law into his own hands. But what remedies are available to a tenant when a landlord has cut off his electricity – and on the other hand, what can a landlord do to limit his risk of a bad...