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  • Property Law Disputes February 9 2023
    Property Law

    Property Law Disputes February 9 2023

    February 10, 2023 /

    Thursday, February 9, 2023 Scenarios OF Note Shifting LANDSCAPE FOR ACCELERATED Rent CLAUSES IN Business LEASES Cummings Houses, LLC v. Hines, 21-P-1153 (Mass. App. Ct. Sept. 9, 2022) The Massachusetts Appeals Courtroom not too long ago regarded as no matter whether a lease acceleration clause uncovered in a business lease was enforceable as a liquidated damages provision, or unenforceable as a penalty clause. The Court docket concluded that the acceleration clause was unenforceable as a penalty clause. In Cummings, the operator of a organization specializing in assistance of authorized paperwork (Hines) entered into a 5-12 months professional lease for office room in Woburn, Massachusetts, at annual base hire of about $16,000. The plaintiff…

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    Nicholas Allbright Comments Off on Property Law Disputes February 9 2023

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