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Contractor Had No Recourse Against Tenant Equitable Relief

Monday, June 02, 2003 02:58 pm

 
Contractor Had No Recourse Against Tenant Equitable Relief

The Idaho Supreme Court has ruled that a contractor on a "build-to-suit"project, constructed to the specifications of the project owner's tenant, had no recourse against the tenant for subsequent problems.

Iron Eagle Development, LLC owned an undeveloped lot in a business park in Eagle. Quality Design Systems, Inc. contracted to lease an office building from Iron Eagle. The building was to be built to Quality Design's specifications. The lease agreement did not stipulate a completion date for construction or a deadline for occupancy. The lease term commenced upon "substantial completion [...]

 
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