Campbell LitigationWaterloo, ON · August 31, 2026What Happens to Commercial Tenants When the Landlord Defaults on the Mortgage?
A commercial tenant may comply with every obligation under its lease and still face uncertainty because of events beyond its control. If the landlord defaults on a mortgage, the lender may begin enforcement proceedings involving the property where the tenant operates. Mortgage enforcement does not necessarily mean the tenant must vacate immediately. However, the tenant’s...
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