Hi we signed and returned a shop lease to the landlordsSolicitor and paid a years rent up front.The owner has given us keys and started making arrangementsFor utility transfers.We have already made a number of improvements. We are concerned because the property is still on sale and the owner seems to be ignoringour request for the signs to come down.As yet we are drawing a blank on getting the signed lease back.I do have a set of emails confirming the agreementsand these assure us the property would come off the Market.I also have confirmed receipt of payment.Do they have any legal right still to sell if that is what they are trying to do?Kind regardsNathan
Hi there. Thanks for your question, I will help you with this.
What was the landlord trying to sell - the freehold or leasehold?
If they assured they wouldn't sell, and if they do, and you relied upon their assurances when signing the lease, then your likely to be entitled to claim that the agreement was now over as they had misrepresented to the position to you.
And you would be able to sue for any financial losses caused to you as a direct result of the sale to a third party.
If this happens, you should speak to a solicitor straight away.
Just because the property is sold, doesn't mean your tenancy falls away. The freehold might be sold, and the landlord might change, but your lease would still continue.
There would just be a change of person to whom you pay rent to.
As such, would you still want to stop a sale, and if so, why?
Only if your lease says you do (but unlikely I would have thought).
Well, then it sounds like you may have that right - but it obviously depends what's in the lease itself.
I hope this answers your question. If so, please do leave a positive rating.
Thank you and good luck with this!
Please do rate my answer.
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Hello - sorry to raise this again, but please do take a second to rate my answer - ive changed modes for you in case you couldn't do it last time.CheersDan
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