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Forfeiture for breaches of lease except non-payment of rent - Business in the News
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Forfeiture for breaches of lease except non-payment of rent - Business in the News
If you are a commercial landlord, you may be able to forfeit your lease (bring the lease to an end) if the tenant breaches terms of the lease for reasons other than non-payment of rent. Does the landlord have a right to forfeit? Most commercial leases have an express forfeiture clause which applies if the tenant has breached the express obligations (known as covenants) set out in the lease. If there is no clause in the lease, you will not have a…
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