Real Estate Law – Lease

July 26th, 2018

Advised an American manufacturing corporation with a Quebec subsidiary on its obligations under a commercial lease, particularly regarding the validity of a first-refusal clause, and on the importance of publishing its lease in the Land Register. As the owner of the leased building had received an offer to purchase it, the client wanted advice on the appropriate mechanism for exercising its right of first refusal and the consequences of not doing so.