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Commercial Property Owners Property Insurance Contract Terms

Lowndes

Common Area Maintenance and Operating Expenses in Commercial Leases: What Should and Should Not Be Included?

Lowndes on

In commercial leases, "operating expenses" (often referred to as OPEX, CAM or Common Area Maintenance) generally cover the costs associated with the daily operation, maintenance, and repair of the property. In addition to...more

Winstead PC

The Great Texas Freeze: Insurance Policies May Leave Landlords Out in the Cold

Winstead PC on

The historic February 13-17, 2021, winter storm caused billions of dollars in property damage across the state of Texas. Extreme low temperatures, heavy snow and ice storms and widespread power outages led to broken pipes and...more

Carlton Fields

Florida Legislature Passes Sweeping Assignment of Benefits Legislation

Carlton Fields on

Significant changes appear to be in the pipeline for Florida property insurers after the Florida legislature passed sweeping assignment of benefits (AOB) reform legislation last week....more

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