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Section 23A

Citation
Section 23A
Parent Document
BLT Burger DC, LLC v. Norvin 1301 CT, LLC, 86 A.3d 1139 (2014)
Jurisdiction
DC (municipal)
Effective Date
2014-03-13
Original Source
https://www.courtlistener.com/opinion/2656505/blt-burger-dc-llc-v-norvin-1301-ct-llc/ ↗

Other Sections in This Document (499)

Full Text

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          Section 23A then provides a “prima facie” valid formula for computing
that difference by comparing [1] the rent actually realized upon reletting “within a
reasonable time after such termination” with [2] the “present cash value of the
future rents hereunder reserved to Landlord for the unexpired portion of the Term”
derived by computing “such sum, if invested at four percent (4%) per annum
simple interest, as will produce the future rent over the period of time in question.”
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