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Insurance is a subject certain to be addressed in the typical commercial lease, regardless of whether the leased property is intended for retail or office purposes and whether it is a single tenant or ...
Some of the most important, but often underappreciated, elements of a commercial real estate lease are the insurance provisions. Attorneys may spend hours negotiating and drafting expense clauses, use ...
As Todd Dills and I discussed for his 2021 story “Just say no: One owner-operator's approach to broker/customer demands to be 'additional insured'," brokers and customers frequently require that they ...
Boards are generally not obligated by a co-op or condominium's operative documents to purchase liability or casualty insurance covering those portions of the building which are owned by the entity.
In today's business world, not a day goes by without signing a contract, and it is imperative that the signatory understand the implications of every clause in the agreement. This includes the ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of ...
Angelica Leicht is a seasoned personal finance writer and editor with nearly two decades of experience but just one goal: to help readers make the best decisions for their wallets. Her expertise spans ...
An insured has a right to control a subrogation claim until such time as it has been fully indemnified, notwithstanding language in a subrogation clause that gives an insurance company the right to be ...