The plaintiffs purchased a commercial property containing a hotel and restaurant and leased it back to the defendants for five years.
Upon the lease's expiry, the plaintiffs took possession and discovered significant disrepair, including moisture damage.
The plaintiffs sued for breach of the lease's repair and maintenance obligations.
The court found that the defendants failed to maintain the premises to the standard of a 'careful owner' and that the deterioration exceeded reasonable wear and tear.
The plaintiffs were awarded $1,734,107 in damages for remediation costs.
