28Sep
fuzzy bunny asked: I have a commercial lease that expires in January. I am completely paid up until December 1. I have every intention on paying my January rent, it’s just that I don’t want to renew my lease. I have leased another building and want to move in there asap, and out of the current building. I can be in the other building by Thanksgiving.
My question is regarding abandonment. If I empty this store (it’s a small boutique) and move to the new location before January, can I be fined or forfeit my security deposit? I am not sure what it specifies in the lease, but I’ve heard that anything can be put into a lease, it doesn’t necessarily make it legal.
Would it be considered abandonment if I completely honor my financial obligation yet vacate the premises?
Also, am I allowed to take the light fixtures? I have track lighting and have heard that I cannot take the track itself, but that I can take the lights… is this true? Also, what about my sign? It is attached to the side of the building.
Can I take things that are screwed into the wall?
Sorry for asking these seemingly simple questions, I’ve never wanted to move before!
Thanks!
Tags: Legal Question, Security Deposit, Thanksgiving
25Sep
dobieblackandblue asked:
I need a large building like a warehouse or former commercial store(used to be; Target, Wal-mart, or something similar).I’m seeking only serious business inquiries. If you have an establishment that can fit over 50 people, please respond expeditiously. Further details can be provided upon request.
Location: anywhere central valley CA.
Tags: Rent Ca, Request Location, Target
25Sep
daisy l asked:
there is a commercial property for a sales price of $80,000 but the problem is that the property has liens over 100k..so, sale can not cover the liens…so, owner just wants to get rid of property and is selling it to me on a cash deal for $5k…can i take liens off after that? since it is a cash deal,can i back date the contract? please help!
Tags: Cash Deal, Property Liens
22Sep
Ms Mayhem asked:
Please answer if you actually know.
I have a 4 year lease and have not been paying my rent as I am closing down. I owe my landlord more than I can pay. I have a tenant interested in leasing the property but apparently they can’t re-lease the property without me paying him. Will my rent just keep accruing? How long will it take him to realize I have no money? Do you think the premise will just stay empty and being left unpaid?
I just don’t know what will happen.
I’m sure he will send debt collector for his rent but how long will he wait?
Tags: Debt Collector, Lease Property, Money
21Sep
Mommy Mia asked:
I am looking to purchase a commercial property and I want to have a professional help me through the NEGOTIATIONS. Who does this…a mortgage broker, realtor, ???
Tags: Broker Realtor, Mortgage Broker, Negotiations
21Sep
morple16 asked:
I am applying for a mortgage and pay my rent on the 7th each month. I am not charged a late fee by complex. I have read that mortgage companies only consider rent late if it is more than 30 days. Is that true?
Tags: Applying For A Mortgage, Mortgage Companies, Rent
19Sep
Firas O asked: I signed a 5 year commercial lease and after 3 months in business I was forced to close it. The market wasn’t really good for my business here or maybe it was just a wrong time to open a business in this economy.
I would like to know if I have any rights that can protect me from not paying the whole remainder of the lease. I do not have corporation and it’s under my name. I am afraid they might put a lein into the house that I own which my parents live in.
One other thing I thought it was strange is that they never asked for my social security, driver license, tax id or even any financial statements. All they asked for is who will be on the lease and the name of business. The company I leased it from seems like a big property management.
Well that’s sums it up. I am not sure what to do and I can’t afford to pay the remainder of the lease or even pay the rent till they find someone to sublease. Any advice would surely be appreciated.
Thank you
Tags: Driver License, Lein, Social Security
18Sep
TPhan asked:
There is a Canadian lender which is willing to makes loan for my commercial property but I wonder if they can do that without US license?
Tags: Commercial Property, Loan Commercial
18Sep
Terri Y asked:
We have nice commercial property behind our house that you can see over the six foot fence.
Tags: Foot Fence, Nice House
16Sep
merloquin asked:
I have a 2 year lease with 9 months left on the lease. The landlord has sent me a letter stating my rent will be increased. There are no provisions in the lease (I have read it carefully) which give the landlord the option to increase the rent. Can the landlord legally raise the rent? What are my options?
Tags: 9 Months, Landlord, Provisions
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