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defaulting tenant

Jan 05, 2018

Why Waive Subrogation?

In most commercial leases, there will be a reference to a waiver of subrogation, or similar concept. Usually, it is the landlord who requires the tenant to waive subrogation by procuring a policy that expressly waives any right of subrogation by the tenant’s carrier against the landlord. This is a unilateral waiver as it only requires that the tenant waive subrogation.» Read More

Oct 20, 2011

The Landlord’s Liens

I previously wrote in this blog about the distraint process available to commercial landlords in New Jersey – a sometimes cumbersome process the purpose of which is to put into the landlord’s pocket at least some of the back rent due from a defaulting tenant (see The Distress of Distraint). In addition to the distraint statutes, there are other means available by way of statutes and contract provisions to protect a commercial landlord’s entitlement to unpaid back rent. » Read More

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