My boyfriend and I lease shop space. We signed a year's lease and have about 7 mos. left. The property manager just notified us that we have to move out in 60 days because they are turning the space into a carwash. Do I have any rights? Is a lease signed just to protect the landlord?
2006-10-13 00:57:41 · 7 answers · asked by T 1 in Business & Finance ➔ Renting & Real Estate
Read your lease carefully. If there is a clause that allows both parties to break the lease under certain conditions and with specified notice then the landlord can break the lease if it's done according to those conditions. If it allows only one party to break the lease, you might be able to fight it in court if he pursued eviction action. (A one-sided agreement might be voidable by the courts.)
If the lease says nothing about early termination of the lease, then the landlord MUST abide by the lease. He cannot simply terminate it to convert the property to another use.
If the landlord sells the property, the new owner is subject to the terms of the lease and cannot put you out until the lease expires.
Another option for you would be for you to sell the unexpired term of the lease back to the landlord - say for double the rent. If it's £1,000 per month, sell it back to him for £14,000 cash and find another space.
2006-10-13 03:32:42 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Typically they cannot break the lease...(unless you have defaulted in some way). However the landlord may have placed a provision in the lease knowing he was going to change the use of the property.
You will need to have a real estate attorney review the lease for you.
Regards,
Joe Ballarino
http://www.amerivestrealtyofnaples.com
2006-10-13 01:32:29 · answer #2 · answered by Joe_Ballarino 3 · 0⤊ 0⤋
What does your lease say?
If it says that the lease can be cancelled with 60 days notice, then you are stuck.
If it doesn't, then your landlord is stuck.
2006-10-13 02:28:29 · answer #3 · answered by BoomChikkaBoom 6 · 0⤊ 0⤋
Generally not unless you have violated one of the terms in the lease you signed. Terms can't be added after you sign.
2006-10-13 01:07:27 · answer #4 · answered by waggy_33 6 · 0⤊ 0⤋
Read the lease. I would say if the property has been sold then you have no choice but to move.
2006-10-13 01:00:58 · answer #5 · answered by Anonymous · 0⤊ 1⤋
you're interior the driving force seat; The hire is going with the land and is biding on the hot proprietors; so i could touch the owner enable him understand you intend on preserving the owner to the legal binding hire settlement that the two one among you signed and heavily isn't shifting till now the tip of the hire settlement Then whilst landlord panics because of fact this might kill his sale; i could throw out an excellent determination alongside with the return of your secure practices deposit and specific volume of monies to cover shifting and different issues, quite how lots is it worth to the owner to make this sale? given which you are the deal breaker at this factor, without you agreeing to pass out the hire is in result's biding on the hot proprietors and maximum possibly will kill the deal
2016-10-19 07:51:02 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Yes, as long as he did give you the notice.
2006-10-13 02:36:51 · answer #7 · answered by littlebettycrocker 4 · 0⤊ 1⤋