Learn what happens when a commercial tenant has the option to purchase the property it is leasing, but the parties cannot agree on the value in Daniel Waldman's latest article, "Commercial tenancies and purchase agreements: How to lose the option to buy," that was published in RENX.
- Waldman, Daniel
- In the News
Want to get our alerts?
Click “Subscribe Now” to get attorney insights on the latest developments in a range of services and industries.
Learn what happens when a commercial tenant has the option to purchase the property it is leasing, but the parties cannot agree on the value in Daniel Waldman's latest article, "Commercial tenancies and purchase agreements: How to lose the option to buy," that was published in RENX. "The short moral of the story is that, given the nature of the lease clause, both sides produced valid appraisals and they were required to buy and sell the property at the midway point. If a buyer fails to honour that agreement, it will lose the right to purchase," he says. To read more, click here.
Related Practices
Contacts
Recent Insights
- November 18, 2024 Recognition Congratulations to Charles Brecker, chosen as the recipient of the 2024 Joseph G. Goldstein Legislative Leadership Award by the Builders Association of South Florida (BASF).
- October 23, 2024 In the News Dickinson Wright Recognized in The Globe & Mail’s 2024 Best Law Firms in Canada
- September 26, 2024 In the News Five Dickinson Wright Lawyers Recognized in the 2025 Edition of Chambers Canada
- August 29, 2024 In the News Eight Dickinson Wright Lawyers Ranked in Best Lawyers in Canada® 2025 Edition, Two Ranked in “Ones to Watch”
- August 26, 2024 Recognition Congratulations to Monica Labe, listed in the inaugural 2024 Lawdragon 500 Leading Global Real Estate Lawyers.
- July 23, 2024 In the News Business Facilities recently published Jeremy Schirra's article, "The Last Word: A Look At Incentives."
- July 18, 2024 In the News Michael Vogt's article, "Michigan’s New Clean Energy Siting Law Surges Ahead," was published by the State Bar of Michigan Real Property Law Section eNewsletter.
- July 18, 2024 In the News Nicholas Hall Joins Dickinson Wright Lexington Office
- July 8, 2024 In the News Maral Alacer Joins Dickinson Wright Toronto Office