http://www.worldlawdirect.com/forum/ en Fri, 20 Nov 2009 22:28:24 GMT vBulletin 60 http://www.worldlawdirect.com/forum/images/vbseo_skin_2.0/misc/rss.jpg http://www.worldlawdirect.com/forum/ http://www.worldlawdirect.com/forum/business-finance-law-issues/31783-contract-agreement.html Fri, 20 Nov 2009 04:20:38 GMT Let's say Tenant A is engaged into a contract with Landlord Sam. After much delays, Landlord Sam finally delivered the LOI and the commercial lease over to Tenant A. After reviewing the lease agreement on the agreed terms, Tenant A signed the lease agreement and sent it back to Landlord Sam. After a week, Tenant A was informed that Landlord Sam is still in an existing contract with Tenant B, which will expire on May 31, 2012. So all three parties set up a meeting to discuss over this issue. At the meeting, they all came to a verbal agreement that Tenant A will sublease from Tenant B at a lower price until May 31,2012 and will engage in a 10 years lease with Landlord Sam right after that (Tenant A is already agreed with Landlord Sam to make an initial deposit to secure the space). A few days after the meeting, Landlord Sam told Tenant A that they are inclined to move forward with the contract under the verbal agreement between all parties. Tenant A proposed that they should go back to the initial agreement between Landlord Sam and Tenant A with the approval of Tenant B. Landlord Sam again declined to move forward with the contract unless Tenant A agrees to their new terms (which only favors Landlord Sam).

I hope that you can understand the current situation. I was wondering, what choices that Tenant A has right now under this circumstances. Should Tenant A enforce Landlord Sam to carry out the initial agreement? Is Landlord Sam in breach of this contract agreement. Landlord Sam hasn't cashed the security check nor signed the lease agreement. They have implied and misled Tenant A throughout the whole contract. What sort of rights that Tenant A have right now to protect them to entitle to this contract? ]]> tyr8nt http://www.worldlawdirect.com/forum/business-finance-law-issues/31783-contract-agreement.html http://www.worldlawdirect.com/forum/business-finance-law-issues/31597-sunday-blue-laws-how-avoid.html Sun, 15 Nov 2009 22:38:32 GMT What will happen if you break a blue law, and are there ways around them? What will happen if you break a blue law, and are there ways around them? ]]> Unregistered http://www.worldlawdirect.com/forum/business-finance-law-issues/31597-sunday-blue-laws-how-avoid.html