We own two small retail stores. COVID has cut our sales by 50%, but we are paying 100% of the rent so the landlords are not sharing in losses (at least not for our space). These are not losses due to business decisions that normally would be the ownership of the tenant, these are beyond our control, impossible to have predicted, and a result of government action. Therefore, we feel the pain should be shared. If you disagree, we have no business to discuss as this question is not for you. We are trying to see if it's possible to navigate the law while also accounting for the pandemic and thinking outside the box and understanding the desperation of both landlords and tenants are in right now and the need to work together and share the pain.
Um... this platform is not for anyone to tell attorneys what to say. Did you know a our answers are available in google searches? That is a to say, they educate others, not just the person posting.
Just saying...
ECS
Contracts are ALWAYS negotiable and by definition, re-negotiable. If you're a good tenant, your landlord should want to work with you. They know it's not just you, and they'll have a very difficult time finding any new tenants right now if they choose to be intractable and maybe lose their current tenants.
That's not to say that they WILL want to work with you. Commercial landlord are sometimes big multi-national corporations.
I don't know them or their situation. But it doesn't hurt for you to ask for some abatement/deferment, given this pandemic crisis.
Yes, there have been multiple agreements to mitigage the impact of COVID when it comes to commercial leases... all the way from waiving 50% to 100% of a month or two ... to delaying 50% of the rent on an agreed upon future payment schedule. Every landlord and every tenant is different ... so, a free initial consultation by video call would be your next step. Shawn Jackson - Business Development Attorney.
i have a school project. HELP!!!
My government teacher assigned us a mock court assignment and of course I'm the defense lawyer. (i always am) Anyway we're studying tort law. well, the boyds (the def.) are concerned about the price of food so in order to save a few bucks they find an add promising wonderful good quality meats at discount prices. they say thats great but, we don't have enough freezer room and a freezer was promised free along with the food cost. anyway the sales guy waits for the wife to leave to go to the bathroom and he asks the husband to sign without showing the contract or order forms and just tells the mr boyd that it says the contract says he was signing to get his food for up to 10 payments and a free freezer. he signs them and wife comes back and sees her husband's signature and signs them also. so a bill for the freezer comes at a price of 1250 for a freezer thats only worth 399. they call the salesguy and get no reply back, in three day they get the food which also happened not to be the fabulous food promised. (there were pics in the add of the food ) on the contract also there were no witnesses and i was wondering if that would matter? the boyds try to send back the food and are refusing to pay so the food co. is suing the boyds.
Citizen Disputes
Does anyone offer mediation for neighbor disputes?