April 2014 Dec Page

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Article of the Month

 

When a tenant makes a permanent addition to a leased building, the improvements usually become part of the building and the property of the landlord. The tenant has the right to use the improvement for the term of the lease, but that is all. If the improvements can be used for the agreed period of the lease, all should be well. But, what happens when the improvements are damaged by fire or some other cause of loss?

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