Owner Wins, Owner Loses

Owner Not Covered by Tenant's Insurance

February 1, 2008    

Facts: An employee of a shopping center tenant died as a result of a criminal assault committed in the tenant's space. Because the victim was the tenant's employee, all claims surrounding her death were handled by the tenant's workers’ compensation insurance.

Owner Can't Collect Damages Beyond Property's Fair Market Value

January 1, 2008    

Facts: An owner sued two tenants for defaulting on their commercial leases. The owner attempted to collect damages that would have been more than the fair market value of the properties. A Georgia trial court ruled in favor of the tenants, and the owner appealed.

Decision: A...

Owner Not Required to Accept Lump Sum When Tenant Defaults

January 1, 2008    

Facts: Tenants, a marketing firm and its representatives, entered into a lease granting them use of almost 3,000 square feet of commercial space. The tenants subsequently sold the business and stopped paying rent on the property. The owner notified the tenants that their nonpayment had...