Leasee on commercial property?
if you have a lease on a building and the building burns down, the leasor is compensated by the insurance company to put the building back up but chooses to flog the building what rights do the leasee have human being that he/she has a 5 year lease
Answers:
Well, none, unless it be given to you in your leasing contract.
But below YOUR property policy, as a tenant, there's a coverage to protect you in skin something like that happen. It pays the rental difference between the old lease, and the modern lease for similar quality/space, for the remainder of the lease period.
You should check next to your agent to be sure you have LEASEHOLD coverage.
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