If my lease is coming due, do I have to let my business partner on the lease agreement?
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If my lease is coming due, do I have to let my business partner on the lease agreement?
My partner of almost 1 year is a manipulative back stabbing person. He did not want on the first lease because he was afraid of the business not taking off. Now that things are going well, he has tried to get me kicked out of the shop and offered to take over my lease. I went to upper management of the company that manages the property and they told me that if I’m not doing anything illegal and not behind on rent that I am safe. Now with the lease coming due, he is trying once again to manipulate lower management to kick me and let him have the whole shop to himself. What do I do?
Asked on November 11, 2010 under Business Law, Nebraska
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 14 years ago | Contributor
Do you have a partnership agreement? Is it written? Then go and see an attorney as to his breaching the agreement, because doing anything adverse to your interests is a breach. I would also ask the attorney to bring a motion to enjoin him from whatever actions he is doing that goes against your interests. And speak with him about getting out of the agreement and suing for the right to the store, the name - whatever you think you may be entitled to here. Think also about buying him out. That may be an option to get him out of your hair one and for all and worth every penny. Good luck.
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