Johnson Real Estate Limited Partnership v. Vacation Development Corp.

06/12/2018 IN THE COURT OF APPEALS OF TENNESSEE AT KNOXVILLE April 18, 2018 Session JOHNSON REAL ESTATE LIMITED PARTNERSHIP v. VACATION DEVELOPMENT CORP., ET AL. Appeal from the Chancery Court for Sevier County No. 17-1-002 Telford E. Forgety, Jr., Chancellor No. E2017-01774-COA-R3-CV This action involves a long-term ground lease in which the defendant lessee paid for and maintained an insurance policy on the property for its benefit. The defendant surrendered the premises after the motel facility constructed on the land was destroyed by a wildfire before the expiration of the lease. The…