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Harvey Haber’s Leasing Tips June 2012

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LEASING TIPS

By Harvey M. Haber, Q.C.

Insurance on leasehold Improvements

Did you know that both the landlord and the tenant can separately insure their respective interest in the tenant’s leasehold improvements in the premises, as each have their own respective interest in the leaseholds.

Waiver of Subrogation

Did you know that a tenant’s “Waiver of Subrogation” only applies to the tenant’s “property” and not to its “liability”.

Insurance Certificate

Did you know that insurance certificates have to be carefully checked, as many of them are incorrect?

These commercial leasing tips are provided by Harvey M. Haber, Q.C., J.D., LSM, DSA, C. MED., C. ARB., B.A. (retail, office and industrial leasing, lease interpretation, mediation and arbitration).

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