Legal Question in Real Estate Law in New Jersey
Lanlord seeks recovery from broken lease
I am the landlord of a commercial property. Lease is valid and due to expire 5/16/2001. Lessee has vacated property and not paid rent for September. Along with keeping security deposit what other recourse do I have to enforce fulfillment of lease terms, namely the rest of the money?
2 Answers from Attorneys
Re: Lanlord seeks recovery from broken lease
You can file suit against the former tenant asking for a judgment in an amount equal to the monthly rent amount multiplied by the number of months left on the lease. Once you obtain a judgment, you can then attempt to recover on the judgment by searching for his assets, either personal property or bank accounts, and executing on those assets. Keep in mind that this advice is based purely on the little bit of information that you have given to me. There may be other factors that would change my opinion. Further, no one can rely on advice from an attorney who has not been retained. Since you have not retained an attorney in this case, before you take any further action, you should contact an attorney (either me or someone else) to discuss your matter in more detail. Only then will you be able to rely on the advice. I will be happy to assist you. However, you need to call me at 856-546-8010. If you mention LawGuru, there will be no charge for your first consultation. Good luck! Rob Gleaner
Re: Lanlord seeks recovery from broken lease
I am considered an expert in the field of landlord tenant law by my peers. I lecture frequently in this area and represent owners and managers of over 4000 rental units in Northern NJ. Our firm is also the contract attorneys for HUD's REO Division(Real Estate Owned). We cover the entire state of NJ. Contact me for assistance.