COMMERCIAL LEASES QUIZ H
ow much do you know about commercial real
estate leases? Test your knowledge with this quiz authored by WeirFoulds LLP partner Angela Mockford.
Your landlord presents you with a year-end to pay the amount set out in the statement? Yes or no? 2 Your lease does not contain any reference to a
has added it to your operating costs and realty Yes or no?
You are selling the shares of your company. The lease provides that the tenant has the right to assign the lease and sublet, but only with
the landlord's consent? Yes or no?
Your lease requires you to obtain a waiver of subrogation from your insurer, in favour of your landlord. You have recently obtained a policy with a new insurer, and it is refusing to provide
the waiver of subrogation. Can you force your landlord to accept your new insurance? Yes or no?
4
You have filed a notice of intention to file a proposal in bankruptcy. You have not paid rent in two months. Can the landlord lock the doors? Yes or no?
you want to downsize. You can send your landlord a formal notice of downsizing? True or false?
See answers on page 32 C ANADIAN Lawyer INHOUSE APRIL 2008 31
