When we last left the topic of the delivery of year-end reconciliations, a caution was issued to landlords and tenants whose leases specify a deadline for the additional rent reconciliation process. The decision we reported was that of the Ontario Superior Court of Justice in 1127776 Ontario Ltd. v. Deciem Inc. That decision was appealed to the Divisional Court, where the recent ruling underscored that caution - with a caveat.
Read the full articleTime Waits for no Landlord Part 2
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