Government’s Liability for Holdover Period in Lease Is Based on Fair Market Value of the Property, not on Holdover Clauses from Commercial Leases; 1125 15h St., LLC v. General Services Administration, CBCA 6012

Appeal of a claim seeking holdover rent from the government is granted in part. The contractor leased property to government. The government stayed in the property two years after the lease term ended. The contractor filed a claim seeking 150% of the base rent for the holdover period in which the government occupied the building. […]
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