Problem:
The Landmark Co. leased a large commercial building for its business. The lease called for monthly payments of $5,000 per month on a ten-year lease. At the end of the first year, the Landmark Co. fell into arrears on its monthly rent payments. Three months' rent is now due and owing.
What action (s) might the landlord take against the Landmark Co.? Define or explain any legal term or concept you use