Les loyers commerciaux et la COVID-19 : lignes directrices pour locateurs et locataires [en]
Available in French only. ...
Courts have on several occasions been called upon to determine, in the wake of a commercial tenant’s bankruptcy, a party that is entitled to retain the security deposit funds, which were remitted to the landlord upon the signing of a lease. In this regard, does the said amount accrue to the lessor or, conversely, is the lessor required to remit it to the trustee?
The prevailing jurisprudence dictates the following:
To ensure that the commercial landlord retains possession of the amount received, terms such as “security deposit” or “guarantee deposit” are to be avoided throughout the provisions of the lease. Nevertheless, it is strongly recommended that the deposit clause be worded to emphasize its non-refundable nature.
Available in French only. ...
Co-authored by Rafaella Arapovic. On July 16th, 2020, Judge Peter Kalichman of the Superior Court of Québec ruled on a for...
The unique circumstances that we are currently experiencing will no doubt create disagreements, which could eventually result in court litigation. Therefore, in all you...
On May 25th, applications for the Canada Emergency Commercial Rent Assistance (“CECRA”) for small businesses became available. ...
It's best to watch this in landscape mode.