Legal Question in Business Law in New York

Commercial space

On a leased commercial space, does a landlord have the right to request from business owner their information pertaining to their worker's comp. and/or liability insurance


Asked on 2/12/07, 2:45 pm

4 Answers from Attorneys

Robert R. Groezinger GroezingerLaw P.C.

Re: Commercial space

Read your lease. If it says you must, you must.

Good Luck

RRG

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Answered on 2/12/07, 2:50 pm
John Friedman Law Office of John K. Friedman

Re: Commercial space

The answer is governed by the lease. If the lease says the LL does, it does; if it says it doesn't (which it won't) it doesn't. Typically, commercial tenants are required by their lease to provide proof of specific types of insurance that could impact the landlord -- general liability, fire, etc.

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Answered on 2/12/07, 2:51 pm
Stephen Loeb Law Office of Stephen R. Loeb

Re: Commercial space

It makes good business sense for a landlord to include such a provision in a lease.

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Answered on 2/12/07, 2:53 pm
David Simon Hogan & Rossi

Re: Commercial space

We always have a provision requiring proof of insurance in the commercial leases we prepare on behalf of landlords. But if the lease doesn't provide for it, then the landlord will have a hard time demanding any entitlement to the information.

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Answered on 2/12/07, 3:01 pm


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