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Blog Bite: How can a release agreement help me when leasing property?

This article Canada: Waivers Of Subrogation In Leases – The Latest Chapter situates the use of the mutual release agreement within the context of insurance and risk.

For example, if a landlord is obligated to insure a rented building, and the tenant is expected to insure personal property on the premises, the parties may release each other for damages and losses covered by their respective insurance policies. Through a discussion of Williams-Sonoma Inc v EllisDon Corporation, an Ontario case, the author explores how this regime applies.

Certain articles within this post were linked and referenced with the permission of Mondaq.com, through our exciting content collaboration with them. To access Mondaq’s large database of articles written by top law firm lawyers from around the world, you must leave our site and create a free account on theirs.

  • Releases
  • Nature of Release
  • Waivers and Releases

This article is provided for informational purposes only and does not create a lawyer-client relationship with the reader. It is not legal advice and should not be regarded as such. Any reliance on the information is solely at the reader’s own risk.

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