Legal Question in Landlord & Tenant Law in Florida
Commerical lease
If I personally guarantee a commercial lease and was not able to make the rent payments in the future, could the landlord pursue a commercial property that I own that is set up as a limited liability company? I am the only member of the LLC.
Asked on 10/08/07, 10:08 am
1 Answer from Attorneys
Andrew Jackson, J.D., LL.M.
Jackson Law Group, LL.M., P.A.
Re: Commerical lease
Likely yes. However, this does not mean that the landlord could get any money out of the LLC. Please contact a qualified attorney for an initial consultation to discuss your rights. Planning ahead is always advisable.
Answered on 10/09/07, 8:01 pm
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