Commercial Lease Terms. Gi Hwa Park entered into a lease with Landmark HHH, LLC, for retail space
Question:
Commercial Lease Terms. Gi Hwa Park entered into a lease with Landmark HHH, LLC, for retail space in the Plaza at Landmark, a shopping center in Virginia. The lease provided that the landlord would keep the roof “in good repair”
and that the tenant would obtain insurance on her inventory and absolve the landlord from any losses to the extent of the insurance proceeds. Park opened a store—The Four Seasons—in the space, specializing in imported men’s suits and accessories. Within a month of the store’s opening and continuing for nearly eight years, water intermittently leaked through the roof, causing damage. Landmark eventually had a new roof installed, but water continued to leak into The Four Seasons. On a night of record rainfall, the store suffered substantial water damage, and Park was forced to close the store. On what basis might Park seek to recover from Landmark? What might Landmark assert in response?
Which party’s argument is more likely to succeed, and why?
[Landmark HHH, LLC v. Gi Hwa Park, 277 Va. 50, 671 S.E.2d 143 (2009)] (See page 943.)
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