is active a commercial lease if tenant did not perform as required by the conditions?

the commercial lease requires insurance to operate my store and have his own utilities acounts,tenant never fulfil his commitments
In Leasing Property - Asked by James M. - Oct 18, 2014
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Answer(s)

Mark N.
Broker/Agent
Miami Beach, FL

Tenant is in default of the lease agreement. You can send them a letter asking them to fix the problems or you will terminate the lease. If they don;t fix the problems evict them and keep the deposit.

Oct 19, 2014
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Salvador H.
Broker/Agent
Palm Desert, CA

There are several things that you must follow, you must first send a document that three-day notice to pay and quit. for not complying with the rules on the lease contract . you muss have a Realtor you can trust, we active license . The deposit is not played because if there are repairs whom are going to pay if the tenant is no longer place .
I hope you have a solution, and if not Talk to me 760-905-1103
shernandez@FathomRealty.com

Oct 20, 2014
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Glen W.
Lender/Mortgage Broker
Atlanta, GA

make sure you read the lease, hiring an attorney is a good idea to enforce the terms of the lease and send the notice, some leases have a right to cure, others do not so you want to make sure you are following to the letter the lease terms. It should spell out events of default, cure, notices, etc...

Oct 20, 2014
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James F.
Broker/Agent
Carrollton, TX

If the tenant does not perform per the lease, then they're essentially in default of the lease agreement. Each lease has terms and conditions governing these defaults. Some terms may cure the default, some may not. The lease should explain what actions the Landlord can take to cure the default. If it concerns a large lease and large amount of money involved, then you may want to contact your attorney for the best legal avenue to recapture your loss. jfossier@verizon.net

Oct 21, 2014
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