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Home / Opinion Digests / Lease Guarantor Sues on Purchase Right (access required)

Lease Guarantor Sues on Purchase Right (access required)

In this suit by a commercial lease guarantor on an alleged breach of its right to purchase the leased property, the Richmond U.S. District Court dismisses a counterclaim filed by the owner of the property to force specific performance by purchase of the property at an appraised price. A guarantor on a laboratory’s commercial lease had ...