On March 24, 2014, J.S. LaRose successfully obtained a settlement of over $9,000.00 for a non-profit corporation. This client’s corporate landlord was making unreasonable demands on it.
Fortunately for the tenant, the landlord didn’t understand its own lease. This can happen when someone buys a rental property that is already occupied. In most situations, the new owner will step into the shoes of the seller and will be obligated under the existing lease.
The first thing to do in any lease dispute is to read the contract itself. In this case, neither the non-profit corporation that was the tenant, nor the corporate landlord pointing to the lease and demanding money properly understood what the lease said. While it did give the landlord the right to early termination, the same paragraph in the contract obligated it to compensate the tenant by a lump-sum payment in case the landlord exercised its right.
This was a rare case where the client sought legal advice at an early stage. There was no need to resort to expensive and time-consuming legal action. All that was needed was for a good landlord-tenant lawyer to read the lease and negotiate a reasonable settlement with the opposing party.
In the end, the case was resolved quickly and without much expense. The tenant found better, less expensive commercial space, avoided having to go to court and received additional funding for its charitable activities.
If you’re considering leasing property in Georgia whether as a tenant or a landlord, a qualified Georgia Real Estate Attorney can help you negotiate and draft detailed and precise contractual provisions and thoroughly review any pre-existing lease agreements.
LaRose Law Georgia can’t guarantee the same sort of results in every case, but it is clearly better to seek legal advice early rather than wait until you’ve been served with a lawsuit. A good Georgia attorney will find ways for you to avoid having to go to court, so that you can continue to do what you do best, whether you’re a property owner, a for-profit business, or an individual.