Washington  |  Real Estate Law

Legal Question

Asked on: 8/06/09, 8:30 pm

I own a drive-thru espresso business that leases lot space. I am trying to sell the business & have had several prospective buyers. When I tell them that we do not have a lease, the interest wanes considerably. The landlord does not want to commit to a lease because she is in negotiations to sell her property as well. Since the lack of a lease is preventing me from selling my business, do I have any recourse with the landlord? I'd be happy to not continue paying her rent while I try to sell my building & inventory, since my business is actually closed & not generating any income.

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