2 separate leases to the same storefront
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2 separate leases to the same storefront
just closed a deal with a seller to buy him out from his business and lease of a storefront location.did sign a lease with landlord for 5 years.couple of days later i did find that few weeks earlier the landlord gave someone else a lease for the same storefront contingent upon him getting to an agreement with the seller of the business.the contingency was a verbal agreement.what is my situation now?who has the first right to the storefront? can the other party get an injunction order?thank you,Jacob
Asked on June 27, 2009 under Real Estate Law, Florida
Answers:
B. B., Member, New Jersey Bar / FreeAdvice Contributing Attorney
Answered 14 years ago | Contributor
This is a very messy situation, and one in which I think you will absolutely have to hire a good lawyer, if the person with the other lease doesn't walk away. You might end up in a situation where it comes down to whose story is believed. One place to find a qualified attorney in your area is our website, www.attorneypages.com
If this goes to court, it's likely to be at least a three-way lawsuit, with the other lease holder and the landlord involved. The outcome is likely to depend on a lot of the detailed facts, and I couldn't venture a guess just how this will end up.
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