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License Agreement on scientific materials use.
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LEASE COVENANTS IN COMMERCIAL PROPERTY SYSTEM: THE USA EXPERIENCE
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Denis Petrovich Grechko
Peoples' Friendship University of Russia
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Submitted:
September 10, 2011
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Abstract.
The author reveals the content of the notion implied covenant of continuous operation in the sphere of lease at multi-functional estate property complexes and pays special attention to studying the materials of the USA judicial practice, to the analysis of the differentiated approaches to solving the question about a leaseholder'sliability for the suspension or stoppage of operating activities and to the characteristic of the criteria which are basic for courts' judgments about implied covenant violation.
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Key words and phrases:
подразумеваемое обязательство о непрерывном осуществлении коммерческой деятельности
общие принципы применения подразумеваемых условий
арендная плата
разрешенное использование недвижимости
правомерное противодействие конкуренции
implied covenant of continuous operation
standard factors of implied terms application
rent
permitted use of estate property
noncompetition covenant
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References:
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- Palm v.Mortgage Investment Co. of El Paso.S.W. 2d 869, 873. Tex. Civ. App. 1950.
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- Powell on Real Property / Michael Allan Wolf Edition. Mathew Bender & Company, Inc., 2009. Vol. 2. Richard R. Powell. P. 17A-35.
- Rapids Associates v.Shopko Store Inc. 96 Wis. 2d 516, 292 N.W. 2d 668. 1980.
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