Landlord Waivers

SKU: 62047.05

Landlord Waiver agreements are common in commercial arrangements. This paper identifies some issues that can arise in the negotiation of Landlord Waivers and potential solutions. Those issues discussed include: notice of tenant default; definition of lender collateral; priorities; possession of the leased premises by the lender; assignability of lender’s rights; and registration of waiver on title, among others. The paper includes a sample Landlord Waiver.

This paper is part of a collection presented at LESA’s Commercial Leasing Challenges seminar in Edmonton on June 6, 2017 and in Calgary on June 8, 2017.

 

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