Question by tnguy117: What are my rights and options when my business landlord declared bankruptcy and now I have a new landlord?
I am in California. I have a laundromat, and out of no where we find out the building owner have declared bankruptcy and now we have a new building owner. The new building owner sent all the businesses in the plaza warning letters 30 days to vacate. I don’t want to lose my business. What are my rights and choices? I still have 2 years of contract with the previous owner.
Thanks.
Best answer:
Answer by G C
Get a lawyer – your new owner should have to honor leases that he ‘inherited’.
GC
Know better? Leave your own answer in the comments!
