3 ms·
>Ninja edit: am I missing something? ya the lease agreement
by beanjuiceII 3y ago
>Ninja edit: am I missing something?
ya the lease agreement
- TheNewsIsHere 3y agoWhat kind of lease agreement requires that you be in the building? I am genuinely asking because I’m not familiar with that kind of stipulation.
- 411111111111111 3y agothis is the proposed theory, basically: You have a contract for a 1 year lease but stop paying, getting evicted after the second month. Saved 10 month of obligations
- WirelessGigabit 3y agoDon't those leases have stipulations that are like "upon eviction the whole lease becomes due"?
- portpecos 3y agoI hope not. When I was forced to leave my place, I couldn't even manage to pay the electricity bill. It'd simply be impossible for me to afford such a hefty sum + compound interest + late penalty fees, if the Landlord pursued me in a manner that led to my future wages being garnished to cover all that. I resided there for four years and consistently paid on time, but by the fifth year, I simply couldn't meet all the financial obligations. I sincerely wish the Justice system would show more leniency instead of demanding that I repay the entire lease upon eviction.
- silverbax88 3y agoResidential leases and commercial leases are wildly different. Residential leases are fairly boilerplate but commericial leases are bespoke and negotiated.
- mrtranscendence 3y agoI know absolutely nothing about these agreements, but the idea seems at least plausible. An unoccupied building doesn’t get problems noticed or fixed, and could result in squatting.
- donedeals 3y agoIt’s called a go dark clause. Fairly common in retail, not as common in office but it happens.
- Cerium 3y agoI think there was a grocery store in the Cupertino Vallco some years before it was torn down. They were dark with a small table out front selling apples on the honor system. As I understand they had some lease provision that they would be open to drive customer visits to the mall.