Tenants are routinely requested by landlords to execute estoppel certificates in favour of purchasers or lenders as to the status of their leases. Most tenants ensure there are no ongoing performance defaults (such as a failure to repair) or monies owing by the landlord (such as for year-end adjustments). How many tenants review their lease carefully before signing?… Continue Reading
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This blog provides the latest information and insights into Canada's real estate sector. We look at all types of real property – from private office, retail, industrial, hotel, residential and mixed-use properties to large, complex public/private projects, including commercial, hotel and mixed-use developments, resorts, planned communities, sports stadiums and arenas, academic institutions, hospitals, care facilities, power generation facilities and infrastructure projects. Our topics cover acquisitions and dispositions, municipal matters, real property assessment, taxation, infrastructure, leasing, financing and development.