Early commercial lease termination in California? - early termination of commercial lease
Thank you for coming to my question. I need an expert in leasing transactions in the U.S. state of California, specifically San Diego County.
My friend has signed a commercial lease of 5 years for gift shop. It just opened the business last year, but business was good, and it is money. You do not have to terminate the contract, but has left 4.5 years. In its lease, fails to state what would be a shame for the early termination of a lease.
It gave the owner a fixed amount of rent 6 months, determined by the cost to the owner. She found a buyer for the inventory and store fixtures, so that's why he was hired 6 months and provides CAM fees. However, the landlord wanted more money, it does not.
It is the lack of money and have optimized your credit card and can not get a loan. My question is: What can you do? What the landlord can continue? If you are sued and have no money to pay for the damage, what happens?
Saturday, January 16, 2010
Early Termination Of Commercial Lease Early Commercial Lease Termination In California?
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1 comments:
Home remedies will be largely dependent on the contract. But to be treated as damages for the breach of commercial contracts of the Civil Code Section 1951.2 Cal.
Alternatively, you can assign the lease to the person who was willing to buy stocks and accessories store. Instead of everything, maybe the buyer is interested to leave everything in place and operating a store only the current situation.
I suggest you consult a lawyer on the spot, unless they reach a reasonable agreement with the owner.
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