Can you explain a little bit about what happened?

Sure.

I've had a situation where a client had a commercial tenant that was operating a parking garage, and the co-op started to get unhappy because the parking garage tenant started parking well north of the amount of cars that it was allowed to have parked there.

And so the client had its managing agent serve a notice of default to the parking commercial tenant saying, basically, you're parking too many cars, the service has been substandard, and you need to come in line and park the appropriate amount of cars.

Unfortunately, while the client merely wanted the tenant to comply with the terms of the lease, instead, the commercial tenant ran to court, commenced the litigation, and saw a Yellowstone injunction.

And so while the client had initially thought that this was going to be an easy fix, send a notice and they will comply, they ended up being named as a defendant in a lawsuit.

But then how is a board expected to solve these issues with their commercial tenants if by putting a notice of default out, they suddenly get a much more extreme reaction?

Sure.