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Another Great Reason To Choose Pushor Mitchell
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Pushor Mitchell is pleased to welcome Greg Pratch to the firm and to Kelowna. Greg practices exclusively in the area of civil litigation with a particular emphasis on personal injury matters, corporate/commercial disputes and wills and estate disputes.
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Commercial Leasing – What Does “Triple Net” Mean?
- by Una Gabie
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There are many different forms of commercial leases that are used in the business community. One of the most common forms is called a “triple net lease” or “net, net, net”. A triple net lease generally means that the Tenant will be responsible for paying some amount of fixed rent plus an additional amount to cover expenses incurred by the Landlord including maintenance costs, insurance covering the building, taxes, utilities, and other similar out of pocket expenses the Landlord pays for the property. Additional amounts can be included in the definition of triple net expenses, often called “operating costs”, including depreciation of the building occupied by the Tenant as well as management fees.
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How Long Have You Worked Here?
- by Robert Smithson
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Our common law of wrongful dismissal establishes most employees’ entitlement to notice of termination (or pay in lieu) based, primarily, on the employee’s tenure. What some employers don’t know is that a court may regard that tenure as continuous through one or more breaks in service.
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Disclaimer
Readers should be aware that the legal issues described in this newsletter apply only to the laws of the province of British Columbia, Canada. This news letter may not apply to laws of the
other provinces of Canada, nor to the laws of other jurisdictions. The subject matter provided in Legal Alert is provided for general informational purposes only and is not intended to be
relied upon as legal advice. |
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