My commercial (retail shop) tenant died but his the guarantor is still running the shop,but is paying the rent very late when due what are my options

Hello d:

Any option you have is contained within the four corners of your lease. Commercial tenant law is covered by contract law, not residential landlord/tenant.

The question is, should the guarantor be treated the same as the tenant.. Obviously, you've already made that decision by letting him/her assume the rental space.. Therefore, whatever provisions about late rent that applied to the TENANT, still apply to your new tenant/guarantor.

excon