Landlord Is Entitled to Limited Additional Rent Due to Statute of Limitations
Igor Pleskov and Ian Livaich, both associates in the Firm’s Real Estate Practice, co-authored this article for The Legal Intelligencer. The pair discuss a Pennsylvania Superior Court Case involving a commercial landlord and its entitlement to certain portions of unpaid additional rent.
"Even though the landlord in Tsung Tsin was able to recover the portion of the unpaid additional rent for the four-year period preceding the date of the lawsuit, the landlord could not recover the entirety of the unpaid amount due to its delay in filing suit," wrote Igor and Ian. "Attorneys representing commercial landlords should advise their clients to timely bring any claims for unpaid rent to preserve such claims and avoid a statute of limitations defense."