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Loren, Lawyer
Category: Real Estate Law
Satisfied Customers: 34022
Experience:  30 years of real estate practice experience.
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We signed a lease agreement with one company and a new

Customer Question

We signed a lease agreement with one company and a new company took over. We never signed a new lease with the new company. Now, the new company is charging a different fee for breaking lease. Does the new company still have to honor the original lease especially without us signing a lease under them?
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  Loren replied 1 year ago.
Good afternoon. I am Loren, a licensed attorney, and I look forward to assisting you.If you have a written lease for a fixed term then it is enforceable until the end of the lease term or before, if the parties agree to a modification.They can not unilaterally modify the fees in the original lease while it is still in force.