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Jo. I am in a real muddle and hope you can point me in the
Good evening, Jo. I am in a real muddle and hope you can point me in the right direction. In 2013 I took out a joint commercial tenancy with my then husband to be. The tenancy was for 5 years (now hal… read more
Jo C.
Jo C.
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Master's Degree
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we need a commercial solicitor to look over a guarantee and
we need a commercial solicitor to look over a guarantee and rent deposit contract (extension of lease) on one specific point only… read more
James Mather
James Mather
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We had a commercial Lease - £10k per annum 9 years warehouse in a Ltd Company name. The l
We had a commercial Lease - £10k per annum 9 years warehouse in a Ltd Company name. The lease expired and we moved out and found a new tenant for the Landlord who directly moved in. Some 5 months late… read more
James Mather
James Mather
7,350 satisfied customers
As a guarantor of a lease for business and the business is
As a guarantor of a lease for business and the business is going through financial problems, owing 2 quarters and now served with statutory demand under section 268(1) what rights have i got so that I… read more
Thomas
Thomas
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Bachelor's Degree
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If one is asked to stand as guarantor for the rent of soemone
If one is asked to stand as guarantor for the rent of soemone else renting a property, what criteria must be asked of the guarantor to ensure he/she can meeet possible demands from the landlord or let… read more
Jo C.
Jo C.
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33,347 satisfied customers
My daughter has a business lease assigned to her under an Authorised
My daughter has a business lease assigned to her under an Authorised Guarantee Agreement. The lease states that the previous tenant is her guarantor. Is it possible that I could also be a guarantor, I… read more
Aston Lawyer
Aston Lawyer
Head of Residential Property
LLB (HONS)
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how much months deposit is normal for a new commercial lease?
how much months deposit is normal for a new commercial lease? I found a property I wanted to lease for a shop, and the landlord wants 3 months deposit and 3 months in advance. I felt that that was a l… read more
John Knox
John Knox
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Me and a friend have just started a new business (limited Company)
Me and a friend have just started a new business (limited Company) and I need someone experienced in Contract law for commercial leases to look over and explain one paragraph consisting of one and hal… read more
Aston Lawyer
Aston Lawyer
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Hello I went into business with someone in 2004 and her partner
Hello I went into business with someone in 2004 and her partner was our rent guarantor. We signed a lease until 2015. A year and a half after we signed the lease my partner wanted to leave the busines… read more
Alex J.
Alex J.
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My wife and I signed as a guarantor for a car lease to a LTD
My wife and I signed as a guarantor for a car lease to a LTD company (wife was director me secretary). unfortuanatley the company went in to liquidation and the lease company concerned have issued a s… read more
UK-Justice
UK-Justice
Master's Degree
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Hey! I took out a commercial lease with another party in 1999
Hey! I took out a commercial lease with another party in 1999 for 10 years and i and another party entered into it with personal guarantees under the terms in the lease. I left the business three year… read more
Senior Partner
Senior Partner
Bachelor's Degree
4,582 satisfied customers
Is there a time limit before a landlord can call on a guarantor
Is there a time limit before a landlord can call on a guarantor for a debt. I.e. does he have to serve the terms within a set period of the debt incuring?… read more
Jo C.
Jo C.
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Master's Degree
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I gave a loan to a businessmans company of 20,000. On the
I gave a loan to a businessman's company of £20,000. On the brief loan agreemnt he wrote that he would personally guarantee the debt if the company failed to repay. He has now stopped interest payment… read more
Jo C.
Jo C.
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Master's Degree
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We have a commercial lease, 5yrs with a two year break.The
We have a commercial lease, 5yrs with a two year break.The lease is in the name of our ltd co. The previous tenants guaranteed for the first 18 months and the Ltd company is the 2nd guarantor. For the… read more
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As a Director of a Community Interest Company what would my
As a Director of a Community Interest Company what would my legal requirements be if I signed a lease for a new commercial property and defaulted on the lease. The company is registered as limited lia… read more
Senior Partner
Senior Partner
Bachelor's Degree
4,582 satisfied customers
hi, we got a business lease for 5 years with 3 years breaking
hi, we got a business lease for 5 years with 3 years breaking clause. We are currently paying monthly to our land lord. In the current situation we are finding it hard to cope with the regular payment… read more
DR Lawyer
DR Lawyer
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Hi I was until last month a partner in a Limited Liability
Hi I was until last month a partner in a Limited Liability Partnership and via the business leased a car which was signed for by the managing partner... (not myself) but i paid for myself that same ma… read more
DR Lawyer
DR Lawyer
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2,318 satisfied customers
Hi, we took out a 10 year lease for a commercial property with
Hi, we took out a 10 year lease for a commercial property with a 4 year break clause, after 1 year due to ill health we sold the lease on. The new tenant defaulted after the 1st quarter. We as guarant… read more
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INC
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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