Happy Halloween from the team at Houser Henry & Syron
LLP.
It's that time of year when pumpkin sales go soaring, horror
movies sell out at the theatre, and everyone is seemingly dressed
up as a vampire or a zombie. To mark the spookiest time of year,
this Halloween, Houser Henry & Syron LLP presents...
Nightmares in Commercial Real
Estate Transactions
By Melissa Nowak
The following nightmares can happen to anyone, whether you are
awake or asleep!
Nightmare #1
The Spine-Chilling Sealed Contract
Witchy Wendy and a consortium of ghouls owned a commercial
building that leased the ground floor space to a children's day
care. This savvy but gruesome looking business witch, feared that
her daycare tenant would be spooked if it knew that she and her
ghoulish associates were the daycare's landlord. So, under the
name 666666 Ontario Inc., she set up a bare trust to hold title to
the property for the benefit of the true owners. But, this, is not
even the scary