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I am a dance studio owner in LV,NV. I extended my lease in March 2009 for 1 more year til May.I was behind on rent and cams but was able to extend it anyways(landlord wanted me to stay)However in May of 2009 my subtenant's contract expired and we were going to renew but then he decided to just walk,so in June 2009 I was not able to pay my rent and asked landlord if he could give me 2 months free to find a subtenant,instead he put my June's rent towards end of lease.July I was only able to pay a portion in which he accepted and August I paid another portion but kept falling behind.i owe over 20k in back rent and cams.I decided before sinking to try to transfer my students to another nearby studio starting Oct.1st.I was given a 5 day notice,and went to court to appeal but was told landlord never filed.I now received an hearing date for Oct.1. Do I need to go? Can landlord put judgment agaist me personally?I noticed on my lease extension I signed corporatally and personally?I have S corp
State/Country relating to Question: Nevada Already Tried: Researched Internet, spoke to paralegal. i keep gettin different answers.
If the lease is signed by the corporation, you are not personally liable. You should check the court file concerning papers filed concerning the hearing which you should attend but if the tenant is an s-corp, it should have a lawyer there.
Attorney
Licensed attorney helping individuals and businesses
The orignal lease is just signed by me the President, the extension lease says:
Tenant:
...Inc. (then my signature) as President
then 2nd line says:
By: Lisa...
Personally
Can he come after me personally?? So you suggest a lawyer goes with me or on my behalf since I am an S corp??
It sounds like there are 2 tenants, the corp and you personally and as such the landlord can pursue both. But I cannot see the lease so I cannot conclude that. If in signature line and says personally, then you would likely be liable.