ARIZONA LEASES READ, WRITE, and GREEN- Construction and Interpretation of Leases in Arizona
January 2011

Lewis and Roca attorney Linda McNulty was a presenter for the State Bar of Arizona, Southern Arizona Real Property Section luncheon on January 20, 2011. She explains and outlines the Construction and Interpretation of Leases in Arizona.

ARIZONA LEASES- READ, WRITE, and GREEN

Construction and Interpretation of Leases in Arizona

Table of Contents

Table of Cases......................................................................a

I. Governing Law ............................................................................................................. 1

II. Arizona Commercial Lease Statutes..................................................................... 1

A. Tenant’s obligations to maintain premises.............................................................. 1

B. Tenant’s obligation to pay rent................................................................................. 1

C. Holdover and Landlord’s Title................................................................................... 2

D. Untenantability ........................................................................................................... 2

E. Landlord’s Remedies and Lien ................................................................................... 2

III. Principles of Interpretation.................................................................................... 3

A. Lease as Contract ....................................................................................................... 3

B. Parties’ Intent............................................................................................................. 3

C. Canons of Construction .............................................................................................. 3

D. Independent Covenants ............................................................................................. 4

E. Questions of Law or Fact.......................................................................................... 6

F. Summary Judgment.................................................................................................... 6

IV. Ambiguities and Parol Evidence Rule .................................................................... 7

V. Implied Covenant of Good Faith and Fair Dealing............................................ 8

VI. Equitable Intervention.............................................................................................. 9

VII. Assignment................................................................................................................. 10

VIII. Breach and Termination......................................................................................... 12

A. Quiet Enjoyment....................................................................................................... 12

B. Other Defaults.......................................................................................................... 12

C. Avoiding the Lease.................................................................................................... 12

D. Holding Over.............................................................................................................. 13

E. Termination................................................................................................................ 13

F. Duty to Mitigate ....................................................................................................... 14

IX. Piercing the Corporate Veil................................................................................... 15

X. Leadership in Energy and Environmental ........................................................... 16

XI Key Components of a Green Lease...................................................................... 19

Click here to view the full presentation as a pdf.

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