Is it legal for a landlord to negotiate a new lease with other parties while a tenant has a current lease of a commercial property?
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Is it legal for a landlord to negotiate a new lease with other parties while a tenant has a current lease of a commercial property?
My company has a lease on a commercial building. I have been told that my landlord is working on negotiating with several different parties to take over a new lease on my building. The landlord is planning to formally evict me based on a profit from a new lease agreement. I am current on all rental agreements and in no violation of the terms of the lease.
Asked on July 4, 2009 under Real Estate Law, Florida
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 15 years ago | Contributor
A lease is a binding contract between parties. The parties have to abide by the terms included in it. You need to read your lease and see what it says, although I doubt that you will find this issue in there. What u also need to see is if there is a part of the lease that states what happens if a party is in "breach" - violates a part of the lease - and what type of notice you need to be given regarding the breach and time to "cure." If you are current on your payments and have done nothing to violate the terms it would appear that you stand on solid ground. I would suggest, though, that if your landlord starts sending notices regarding your tenancy for any reason you seek help from a knowledgeable attorney in your area. You can look here at attorneypages.com to start.
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