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Untimely Billing of Additional Rent May Bar Recovery

Posted:
03/21/2005
Services:
Real Estate Finance

In this article, Martin J. Doyle, Partner in the Transactional Real Estate Practice Group in the Philadelphia office, examine whether the passage of time should preclude a landlord from going back and collecting the amount clearly due under the terms of the lease.

Mr. Doyle recommend that landlords leave billing dates flexible in the lease document and include a non-waiver clause. However, landlords should not rely on either of these actions as an insurance policy for not billing on time.

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