Alabama Supreme Court sides with insurance trust in commercial lease dispute
The dispute arose from a lease agreement executed in February 2019, under which Hembree Insurance Trust leased a 135,847-square-foot industrial building in Scottsboro, Alabama, to Maples Industries for a five-year term running from January 1, 2020, through December 31, 2024. The lease obligated Maples to maintain the property, including a clause specifying that Maples would be “responsible for the replacement or repair of the roof,” while Hembree would cover “50% of agreed upon roof replacement or agreed upon major repair costs.”
