Property

How Commercial Property Owners Can Collect Unpaid Rent from Commercial Tenants | Schlam Stone & Dolan LLP

Does the COVID-19 pandemic or statewide shutdown orders excuse a commercial tenant’s obligation to pay rent? Is the COVID-19 pandemic a “casualty” under a commercial-lease clause providing for an abatement upon the occurrence of a casualty? To what extent can a property owner recover unpaid rent from a guarantor, and does it matter what type of guaranty the guarantor signed?

In this short video, Schlam Stone & Dolan partner Joshua Wurtzel See more +

Does the COVID-19 pandemic or statewide shutdown orders excuse a commercial tenant’s obligation to pay rent? Is the COVID-19 pandemic a “casualty” under a commercial-lease clause providing for an abatement upon the occurrence of a casualty? To what extent can a property owner recover unpaid rent from a guarantor, and does it matter what type of guaranty the guarantor signed?

In this short video, Schlam Stone & Dolan partner Joshua Wurtzel answers these questions and discusses the state of commercial landlord-tenant law in New York.

See less –

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