Legal Question in Business Law in Pennsylvania

commercial landlord holds third party leased items in default proceedings

a landlord forecloses on business tennet for failure to pay rent. Mush of the equipment located within the facility is leased from a third party. the landlord has been notified but refuses to responed to allow removal of equipment. he is attempting to run the business that was located there himself, and did not count on the expense of purchasing needed equipment.

Can he do this, what does the leasing company have to provide for proof to get equipment back?


Asked on 10/08/02, 3:53 am

1 Answer from Attorneys
Gerald Hershenson Law Office of Gerald M. Hershenson

Re: commercial landlord holds third party leased items in default proceedings

The lessor should proceed to protect its interests. You do not provide enough detailed information in order for me to advise as to the remedies available. I suggest you contact an attorney or have the Lessor contact an attorney to insure its rights are protected. If there a filed security interest in favor of the Lessor, the Landlord must honor them. However, the Lessor should not sit idly by and must take action to assert its interest in the property.If I can be of any assistence please call. Gerald Hershenson Esq. 215-579-9390

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Answered on 10/08/02, 9:29 am


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