Put Onus for Weather-Related Repair Costs on Owner
Q: A couple of years ago, a hurricane damaged much of the shopping center where I lease space. My business had to shut down, but the owner tried to avoid paying to fix any damage so I could get up and running again. I don’t pay percentage rent, so there didn’t seem to be any urgency on its part to help my profits recover. The lease was ambiguous as to payment for repairs. I’m negotiating for space elsewhere, but the space is in a geographical area that gets hit with a lot of storms and natural disasters.