Legal Question in Real Estate Law in Missouri

I closed my business at end of year. My landlord agreed to allow me to keep equipment related to business (bar/grill) at property, with agreement we would work together to find a buyer to purchase equipment & lease space. Sent landlord qualified buyer/lessee who sent LOI 3 weeks ago. Landlord failed to respond to LOI by qualified buyer/lessee. Landlord told second qualified buyer/lessee that lease was signed and equipment sold. Which is not true. Landlord telling me, party that sent LOI is signing lease, but wont pay fair/ reasonable price. This has of course delayed sale of my equipment, costing me. Our agreement to allow equipment to remain was verbal. LOI party is no longer interested due to landlords deception. Second still interested. However landlord won't contact. Could landlord be using delaying techniques to some how claim property was abandon? Can he claim this because of length of time is coming up on 60 days, even though he knows (as do two qualified buyers/lessees) that i have not abandon it. Can't find statute addressing this under Missouri law.

My belief is he is trying to get me to sell it to "buyer" (which is actually himself) cheap, so as to sell it for huge profit, when he rents property.


Asked on 2/26/14, 9:12 pm

1 Answer from Attorneys
Anthony Smith LawSmith

Based upon the facts that you and your mother described, you may still owe rent, and may not be able to prove that the landlord agreed to store your equipment. You poignantly sell or remove your equipment as soon as is practicable. The people who seek to rent the space, but you may not.

Good luck

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Answered on 2/27/14, 4:49 pm


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