Notice of assignment arnold kazery was the owner of a hotel, Ask an Expert

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Notice of Assignment. Arnold Kazery was the owner of a hotel leased by George Wilkinson. The lease included renewal options of ten years each. When Arnold transferred his interest in the property to his son Sam, no one notified Wilkinson. For the next twenty years, Wilkinson paid the rent to Arnold and renwerd the lease by notice to Arnold. When Wilkinson wrote to Arnold that he was exercising another option to renew, Sam filed a suit against him, claiming the lease was void. Did Wilkinson give proper notice to renew? Discuss.

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Financial Management, Finance

Category:- Financial Management
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