In a perfect world, retail landlords and tenants would always get along. Unfortunately, we have come to find that this is not the way things always work out. Even with a lease in place, there are times when one or both parties are upset for one reason or another.
Some of the many matters associated with retail lease disputes include:
— Property damage
— Nonpayment of rent
— Construction and renovations
— Maintenance, repairs and defects
— Lease modifications
— Early termination of a lease
— Distressed entities
— Nuisance issues
— Notice to cure
— Tenant bankruptcy
— Letters of credit
— Illegal sublet (or any other form of illegal use)
All of these legal matters are serious, as they can impact both the landlord and the tenant. It’s important for both parties to understand their legal rights. It’s also important for both parties to work together to find a resolution.
At our law firm, we have many years experience representing both landlords and tenants. In the end, it’s always our goal to help resolve the issue in a timely manner. Taking this one step further, we hope to do so in a way that saves our client money.
If you are a retail landlord or tenant who is dealing with some type of legal trouble, it would be in your best interest to immediately learn more about your rights. The sooner you take action the easier it becomes to put the trouble in the past. From there, you can move on with what maters most: your business.