Breaking a Business Lease

Posted by: Rod Kurtz on January 2, 2007

Regardless of why you want to break your lease—you want to move to another location, you can’t afford the rent, the people upstairs are too noisy—you’ll want to refer to your contract. Terms in any lease are likely to vary from one county to another, but you can still follow some general rules. Here are a few to consider…

To read the full story on AllBusiness.com, click here.

AB

Reader Comments

Brian Blackwell

February 18, 2007 4:50 PM

Executive intelligence and corporate surveillance can help you beat the competition. You can get out of your business lease by following certain legal rules.

Mike

June 16, 2008 6:42 PM

I signed a lease for my small business (restaurant). In the lease it states that the liqueur licence stays with the building if I move or default. The lease said I only had to pay the yearly liqueur licence fee. I am currently under a management agreement with the licence until it was able to transfer to my name. I recently found out that this licence had back taxes owed on it by the previous owner of the licence that must be paid prior to transfer. I was unaware of this and it was not stated in the lease that I had to pay those fees as well as my attorney fees for that. I'd really like to get out of (break) this lease and was wondering is this enough to make it null and void and not be sued?

Dave

April 22, 2010 10:37 AM

I have a lease on a small restaurant space and I have developed a medical problem since opening the business. My doctor highly recommends that I discontinue doing this type of work. How can I get out of the lease?

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