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Impact of Foreclosure on Commercial Leases

Impact of Foreclosure on Commercial Leases

As discussed in prior blog entries, many tenants in the current commercial real estate market are seeking to renegotiate or terminate their existing lease.  Often, I receive questions from tenants about how their landlord’s financial troubles may impact their lease.  Usually the question is phrased, “if the lender forecloses on the landlord, can I terminate my lease?”  The answer is likely no.

This blog has permanently moved to http://rrlawaz.com/blog

Read the rest of this blog entry at: http://rrlawaz.com/2010/09/impact-of-foreclosure-on-commercial-leases/

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