Under New York law, persons and businesses are generally free to enter into various contracts, including selling and purchasing real estate. Further, under New York law, third parties cannot use unlawful means to interfere with an existing or potential contract. If this happens, the third party could be liable for monetary damages. This is what […]
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Yes, You can get a Commercial Lease in the Metaverse
You may have heard that Facebook recently changed its corporate name to Meta. Part of the change involves creating virtual realities with virtual “land,” “buildings,” and burgeoning virtual “cities.” As reported here by Time media, already, there are many websites dedicated to building the most popular and populated virtual worlds. Meta may “win,” but time […]
Read more...The Dangers of Commercial Lease Demolition Clauses
Lease Demolition Clauses basically states that if a building is old and the landlord wants to demolish, redevelop or sell the building, the landlord can serve the tenant a notice that states he or she must vacate the premises within a given period of time. Many buildings are later “repurposed” i.e., changing the use from […]
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