Lease Guarantor Sues on Purchase Right 
By
Published: October 15, 2012
Tags: Judge Robert E. Payne, Real Estate, U.S. District Court - Eastern District
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 ...
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