Legal Question in Landlord & Tenant Law in California
good business practice or extortion
a guest of a hotel
owned by my landlord
allegedly my invitee/
guest stayed at the
hotel while there this
person that has no
affiliation to us were in
a hallway threw a pillow
and broke off a fire
sprinkler head causing
damage to 36 rooms.
the hotel filed the ins.
claim and was accepted.
I have sold my
restaurant that is on his
prop. and the
assignment of the lease
states that as a
condition to the
landlord's consent to
the lease transfer we
need to deposit
$500,000 in an acct.
chosen by the landlord
to remain as security?
untill determined that
we are not liable for
that guest's act
2 Answers from Attorneys
Re: good business practice or extortion
Is there a provision in the lease that authorizies such a deposit? Contact me directly.
Re: good business practice or extortion
Your statement of facts is very confusing.
If you can e-mail, or fax, the lease it would help.
Was the damage caused by a guest of the hotel, or of the restaurant, or both? Who is supposed to determine the liability? If it is an insurance company, it would be extremely rare to admit liability, when they can place the blame elsewhere.
Sorry that I can't be of more help.
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