California  |  Landlord & Tenant Law

Legal Question

Asked on: 5/24/13, 9:03 am


We are a small company in California. We failed 60 days advance notice in terminating office lease and the lessor told us that we have a liability to pay another 12 months even after we vacate it at the end of the current lease. However, our company will be completely closed down, I mean "dissolved" with submitting "certificate of dissolution" to the State. Accordingly our HQ who is located outside of United States told me to go back to the country; at the same time, with dissolution, I will lose the legal status in staying in the U.S. And the bank will be closed for this process. Probably, dissolution process will be completed within 2 months. So I wonder if our California corporation will still have a liability to pay the rent due to automatic renewal after dissolution? If we will, can we settle it down with paying the rent for 60 days (2 months) which is a period required for advance notice. I think it impossible to keep paying after dissolution because the bank is closed and money is all gone.

Any advice would be appreciated.

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