Getting my name off a retail lease?
Tags:business lease, business partner, letter of intent, old business, words of advice,
2
I had sealed the commercial operation franchise until 2014 with the commercial operation partner. we no longer am in which commercial operation as well as have left really fast along with an additional employee. we know we sealed the stipulate with the proviso saying i could get out of the franchise if any thing happened to my commercial operation partner as well as I. we contacted the property owner as well as he was really reduced with me as well as pronounced " he is watchful to have my aged commercial operation partner pointer off my name"… we will be watchful forever! we do not wish this to get authorised or messy, what have been my rights? Can we travel in the commercial operation as well as ask action? Will we get arrested ? Do we send the aged commercial operation partner the minute of intent? Is there the authorised form we can acquire to do this upon my own? Any difference of recommendation will assistance me greatly, Thank you.
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send a formal letter and say that you are no longer part of that business and that you have no liabilities regarding it, and get it checked by a lawyer before you send it
Sue your old business partner to get you off the lease.