Hello,
We are starting our small business and are at the stage of renting an office/warehouse. I tried searching for this answer but got mixed views:
If at some point in our lease we can no longer make rent payments due to, for example, not enough profit and we decide to leave the lease. Is the commercial landlord (in Florida) required to use reasonal resources & efforts to rent the space to someone else before trying to obtain the remainder of the lease or sue us for rent? Or can they just sit back and collect rent from us for the remainder of the lease?
Thank you.
We are starting our small business and are at the stage of renting an office/warehouse. I tried searching for this answer but got mixed views:
If at some point in our lease we can no longer make rent payments due to, for example, not enough profit and we decide to leave the lease. Is the commercial landlord (in Florida) required to use reasonal resources & efforts to rent the space to someone else before trying to obtain the remainder of the lease or sue us for rent? Or can they just sit back and collect rent from us for the remainder of the lease?
Thank you.