Article
Reeling Them In: What To Do When There Is A Default
August 1, 2002
What You Need to Know
Written by Wolfgang Kaufmann
(LSUC, "Casting the Net Commercial Lease", vol. 22, No. 8)
When there is a default there are three areas which should be considered:
- What does the lease say about the default in question?
- Are there any provisions in the Commercial Tenancies Act (the "Act") which apply to the default in question? and
- Has the landlord waived its right to act on the default?
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