Section 10.1B Renewals of Lease
| Library | Eminent Domain 3rd Edition 2013 |
Compensation is not recoverable for renewal terms of a lease where the renewal is speculative.
Cracchiolo v. State, 146 Ariz. 452, 706 P.2d 1219 (App. 1983)
However, where the right of renewal of a lease is unconditional and facts demonstrate a likelihood that the lessee would have exercised the right, it is appropriate to allow damages for a renewal period.
State ex rel. Morrison v. Carlson, 83 Ariz. 363, 321 P.2d 1025 (1958)
State ex rel. Miller v. Gannett Outdoor, 164 Ariz. 578, 795 P.2d 221 (App. 1990)
The...
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