2006-11-18 09:50:47 · 6 answers · asked by confused soul 1 in Business & Finance ➔ Renting & Real Estate
Yes. A Lease goes for a period of time. Once it's up the lease must be renewed, and the landlord has the opportunity to do a number of different things including choosing not to renew it.
2006-11-18 09:59:30 · answer #1 · answered by Gizmo L 4 · 1⤊ 0⤋
Yes he can it is his property. He does not need a reason. You have no rights outside of the lease agreement. So time to hold a going out of business sale or find a new address and move.
2006-11-18 18:00:27 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Sounds as if your lease has expired. Review your lease and terms and perhaps you may want to review this with a real estate attorney for advise about your future tenacy and additional time or terms.
Good Luck
2006-11-18 18:38:02 · answer #3 · answered by Jimmy 5 · 0⤊ 0⤋
The landlord can do that, he probably has a relative who wants to start a business. or he is going to sell it. Ask him about a lease option to buy.
2006-11-18 18:01:49 · answer #4 · answered by tom_nearhood 3 · 0⤊ 0⤋
Sorry to say, but yes, he owns the property and can do what he wants.
All I can suggest is keep trying to talk to him and see if you can get him to change his mind and re-lease to you. Otherwise...start looking for a new spot.
2006-11-18 18:01:36 · answer #5 · answered by Anonymous · 1⤊ 0⤋
yup -- unless you have a clause in your lease that agrees to contractual continuance when the contract is up its up.
2006-11-18 17:58:28 · answer #6 · answered by Anonymous · 1⤊ 0⤋