Greenwood rented office space to Evergreen for five years with an option for renewal of three or

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Greenwood rented office space to Evergreen for five years with an option for renewal of three or five years. In the second year of the lease, Greenwood informed Evergreen that it could not comply with its obligations under the lease beyond the end of the current year. Greenwood planned to demolish the building and erect a 21 storey office tower. Greenwood offered Evergreen preferential treatment in the new building when it was completed. Evergreen refused to move, claiming that the current building had architectural value and should be preserved. The lease did not include clauses dealing with demolition or the landlord’s right to resume possession during the term of the lease. How does this situation illustrate rights of ownership and landlord-tenant relations? How could the dispute be resolved?
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Canadian Business & the Law

ISBN: 978-0176501624

4th edition

Authors: Dorothy DuPlessis, Shannnon o'Byrne, Steven Enman, Sally Gunz

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