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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Francis Co. v. Lincoln Federal Building & Loan Ass'n, 445 S.W.2d 153 (1969)

Citation
Francis Co. v. Lincoln Federal Building & Loan Ass'n, 445 S.W.2d 153 (1969)
Parent Document
Francis Co. v. Lincoln Federal Building & Loan Ass'n, 445 S.W.2d 153 (1969)
Jurisdiction
Kentucky (state)
Effective Date
1969-06-13

Other Sections in This Document (24)

Full Text

539 chars
Among the obligations Lincoln assumed in connection with Roni’s lease was the primary one to keep the premises available to Roni. The record is silent as to the termination of the lease by fire or casualty or the property’s acquisition for a public purpose. At common law, the loss or destruction of the leased premises did not release the tenant of the obligation to continue paying rentals. Nixon v. Gammon, 191 Ky. 175, 229 S.W. 75. However, this unfair and unjust common law rule has been wisely abrogated by KRS 383.170, which states: