Real estate lawyers frequently include a clause in their commercial leases dealing with the assignment or subletting of the lease. Frequently these clauses include language like “This lease may not be assigned or sublet without the written consent of the Landlord, which shall not be unreasonably withheld.” A recent case from the Alabama Supreme Court READ MORE
Tag: Real estate lawyer
REAL WORLD REMEDIES FOR BREACH OF PURCHASE AND SALE AGREEMENT
The remedies for the breach of a purchase and sale agreement need to be adequately spelled out in the agreement. Frequently the forfeiture of the earnest money which is deposited is the sole remedy available for the Buyer’s breach. However, if this is not spelled out adequately, the Seller may also be able to sue READ MORE