Stella Diagnostics Inc (SLDX)

[dukeb]

It's possible, I suppose, that Kent paid for construction of the building (although 2 of the walls are shared with neighboring units so that's a bit sticky). In that case he (or ORT...we really don't know) did this with the understanding that he'd have the right to occupy for 10 years. After 10 years what happens? Is there a guaranteed renewal with a predetermined increase or can the underlying landowner say "Thanks for the building, Kent-o. See ya!" ??

And what right (if any) does Kent have to use the parking lot? That would be covered in some sort of lease arrangement or an easement.