Legal Question in Business Law in Virginia
leased a restaurant 4 years ago. The original owner sold the property and the new owner on reviewing the contract realized the commercial leasing contract was not valid since it was a generic leasing contract. The new owner now wish increase the rent. The original contract was reviewed by my attorney. What rights do i have? Also, the owner continues to change his mind on the rent. One months he states it's fine and then, the next month he's threatens to increase it.
1 Answer from Attorneys
As a Franchise Attorney I can say the following. Without reviewing the lease you signed, its not possible to say. For example, is it a month to month or a four-year lease with stated rental. Lessors must adhere to the rent specified in the lease if it's not just a month to month lease. Consult with a good business or franchise attorney in your area for specific advice.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.
Franchise Foundations, a Professional Corporation
Related Questions & Answers
-
If a customer stole a pricy product from our store, but we have no recorded proof,... Asked 6/30/11, 12:02 pm in United States Virginia Business Law
-
If working for a had is it illegal for The bar to make employees pay for missing... Asked 6/25/11, 10:05 am in United States Virginia Business Law
-
This is a question specific to a case about which I am involved as an employer;... Asked 6/10/11, 3:52 am in United States Virginia Business Law