Legal Question in Landlord & Tenant Law in Virginia
commercial tenant wants to end 3 yr lease after 1 yr.. what are our options on penalty payment
Asked on 9/21/11, 10:18 am
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Would seem to depend at least partly upon other factors which you haven't mentioned such as whether this tenant could make reasonable counterclaims against you as landlord and whether you're in a position to mitigate your damages by finding a successor tenant within a reasonable period of time.
Answered on 9/21/11, 6:26 pm