sander1
Mar 31, 2009, 10:04 AM
I lease a commercial office in FL when I started a business. I have since sold my business and the landlord would only accept a sublease from the person buying my business. At the time I still had 4 yrs left on the lease. I have recently found out that the new business owner(my sublet) has not been paying the rent and has no insurance on the office. The landlord has changed the locks on the office with all of his property inside. No one has contacted me at all, I found out this information from a 3rd party. I know there is some very valuable equipment inside the office, that the will probably have to go back to the bank if the new business owner claims bankruptcy. There is still 2 years on the lease.
If the person subletting from me files bankruptcy, does this cancel the lease he signed or is he still responsible?:confused: Any ideas why the landlord has not contacted me with this problem?
If the person subletting from me files bankruptcy, does this cancel the lease he signed or is he still responsible?:confused: Any ideas why the landlord has not contacted me with this problem?