Legal Question in Landlord & Tenant Law in Minnesota

Several years ago I leased a commercial space for starting my own business. Since I wanted to protect my personal assets from risk, I formed an LLC prior to entering into any legal agreements. I am the president and sole member of the LLC. When negotiating the lease agreement for the space I insisted that the language of the contract stipulate an agreement between the landlord and the LLC; my own name is not mentioned in the contract. Also, I did not give the landlord a personal guarantee. However, when signing the lease agreement, I neglected to include my title in the signature area. I included only my signature and the name of the LLC in the signature area. It reads "John Smith, XYZ LLC" instead of "John Smith, President, XYZ LLC". If the lease goes into default, are my personal assets at risk because of how I signed the lease agreement?


Asked on 1/14/17, 2:00 pm

1 Answer from Attorneys

David Anderson Anderson Business Law LLC

That will be the argument of LL's Attorney

Seen it litigated both ways

Who wrote the rent checks?

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Answered on 1/14/17, 2:47 pm


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