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The vast majority of small biz owners don't own the building out of which they do business, so that means searching for the perfect spot and negotiating a favorable commercial lease. And as hard as you've worked and as much as you might love your space, the landlord-tenant relationship is not always a happy marriage.
There are ways to get out of a commercial lease, but if those don't work, does that mean you have to go to court?
If there's a way to avoid litigation, that's always preferable. If you're happy with your space, just not to keen on the lease terms, there may be ways to amend your commercial lease. And if you're trying to get out of your lease completely, there might be ways to do that, too. In either case:
If getting out of your lease means inevitably going to court, you have a couple options. If your landlord has violated any of the terms of your lease, you could sue first, asking for damages and/or a ruling from the court voiding the lease and allowing you to relocate penalty-free. Or, as described above, you could violate the lease and wait for the landlord's lawsuit. The second strategy is obviously riskier and could be more expensive in the long run.
Additionally, some commercial leases contain clauses that require disputes to go to mediation rather than court. So your best bet is to me as familiar with the ins and outs of the lease before you try and get out of the building.
Meeting with a lawyer can help you understand your options and how to best protect your rights. Visit our attorney directory to find a lawyer near you who can help.
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