Commercial leases establish an agreement between the landlord and the tenant, wherein the tenant usually leases the premises for a set term, under a set fee and other conditions. Disputes in commercial leases are usually resolved through negotiation, but the matters involved can be many and the parties may be adamant about their position – thus, many commercial lease agreements actually contain a dispute resolution clause in the form of arbitration.
Dispute resolution clauses usually set out a procedure and an arbitrator to hear the case so that the matter is not taken to the courts but heard expeditiously and in a cost-effective manner. However, it is important to note that prior to getting to the point where arbitration is the only solution, during the negotiation stage, mediation is usually a viable option. Commercial lease disputes may arise over things such as: rent review, inadequate maintenance/repairs, and allocation of property taxes.
In the event there is no mandatory mediation or arbitration clause, a breach of a commercial lease normally leads to an action with the courts.
How can Zeilikman Law help?
Zeilikman Law is a litigation firm and dispute resolution is our passion. We represent individuals and small and mid-size businesses that are involved in complex commercial and business disputes and are in need of help. Our practice is dedicated to legal representation in a broad range of business and commercial problems. Call us any time at 905-417-2227 or contact us by submitting an online request.