Question: TIP Tech leases its old factory to Latency Logistics for five years. After two years, TIP Tech sells the factory to Haywire Holdings. A year
TIP Tech leases its old factory to Latency Logistics for five years. After two years, TIP Tech sells the factory to Haywire Holdings. A year after that sale, Latency assigns the lease to Martine. Martine moves in and discovers that the heating and air conditioning systems are in serious disrepair, so she sues TIP Tech to have the repairs done because TIP Tech is the landlord on the original lease. Who wins?
Step by Step Solution
3.37 Rating (156 Votes )
There are 3 Steps involved in it
Martine would likely have a valid claim against TIP Tech the original landlord on the lease Even t... View full answer
Get step-by-step solutions from verified subject matter experts
