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Business evicted after 15 years of renting the same space? |
My dad has an electronics repair shop that's been open since 1992, always been in the same location and this month received a 30 day eviction notice. The landlord has given him a one year lease for 14 years but then in December there was no lease sent to him. He didn't think anything of it and as always, ordered more business cards, took out year-long ads, etc. Did his old lease provide an option for renewal? nothing much you can do about this in the short term.....unfortunatly it sounds like you will be out of business for a while..... find a location as soon as possible.... settle in and then maybe find a lawyer and discuss legal concepts with him /her... maybe you can end up suing the landlord for not giving you notice in advance in such sircumstances....... if that cannot be disputed then..... this will be the downfall in your business sorry to say......There is another thing that you can check on - check with your Business insurance - maybe you are covered for something like than, no likely because you are not suffering from any damage but you financially... so i dunno still check check the real estate contract. He signed it. Does it give a clause for termination of the lease or give a notification for non renewal of lease? |
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