Franchise Times recently spoke with Laura for their article on legal topics that more people in franchising need to know about. Here’s a quick peak at what she had to say:
I see predatory conduct in commercial leases. I see landlords using very minor payment delays as a basis for terminating unfavorable leases. I also see landlords auditing their expenses and then demanding large sums of money in connection with an underpayment to which they are entitled
under the lease, but then when the tenant does not pay in full within the 10- or 14-day deadline—often because they are confused or angry about the unexpected demand for significant sums of money—they use this to terminate the lease as a default. This can cripple a business.
Visit Franchise Times and read the full thing!
The contents of this article do not constitute legal advice nor does it create an attorney-client relationship with Canada Lewis & Associates PLLC. You should discuss your situation with an attorney whom you have engaged to perform legal services for you. If you wish to retain the services of Canada Lewis & Associates, please contact our office for more information.