We saw a new client yesterday with an interesting problem.
He leased out commercial premises.
They were damaged in a storm.
The tenant was responsible for insuring the premises and should have noted the landlord as an interested party.
The tenant received money from the insurer, but pocketed instead, and left.
The owner wants to recover that money from the ex-tenant.
This should be straight-forward, but we need to review the lease to make sure that the owner can recover.
In these cases, the landlord should insure, and provide in the lease for reimbursement of the premiums,
For help with lease disputes, contact Michael Paterson & Associates.