If a commercial lease guaranty contains a jury trial waiver but the lease does not, is the jury trial waived for all parties (i.e., tenant and guarantor) or just the guarantor? In a recent case, Pierre's Caribbean Cuisine LLC...more
Commercial leases are a critical source of income and financial stability for property owners, but the current evolving economic environment presents many risks. One of the primary concerns is when a tenant falls behind on...more
12/17/2024
/ Attorney's Fees ,
Commercial Leases ,
Commercial Property Owners ,
Commercial Tenants ,
Contract Terms ,
Damages ,
Default ,
Guarantors ,
Landlords ,
Lease Termination ,
Rent ,
Risk Management ,
Tenants
Falling behind on rent or otherwise defaulting on lease obligations can lead to serious consequences for commercial tenants, including the landlord instituting legal proceedings for eviction and monetary damages. However,...more
The Florida Legislature intended for commercial tenant evictions to proceed quickly under Florida's summary procedure statute. See ยงยง 51.011, 83.21, Fla. Stat. (2021). Nevertheless, securing a prompt hearing comes with many...more