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Tornadoes, Tenants, and Traps in the Lease: Lessons on Insurance Obligations Between Landlords and Tenants
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Tornadoes, Tenants, and Traps in the Lease: Lessons on Insurance Obligations Between Landlords and Tenants
A recent decision, Fort Worth Partners, LLC v. Nilfisk, Inc., 1 should make every landlord, tenant, commercial property manager, and commercial and real estate attorney read leases carefully. Insurance obligation clauses are important, and there are a number of lessons from this case. The facts are simple, but the consequences are staggering. A tornado leveled a 200,000-square-foot … The post Tornadoes, Tenants, and Traps in the Lease: Lessons …
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