April 2008

April 28, 2008

real sale

real sale
Can a real estate company put up for sale signs on leased commercial land?

I work for a corporation that leases part of the land where our store is. The guy that owns the land wants to sell it and is basically trying to force us to buy it. He has went through a local realty company and they are putting up for sale “real estate only” signs. I am thinking about going out and taking them down because it takes away from out business. It could also lead people to believe that we are going out of business. To sum it up… We are a corporation, this is commercial property and the lease won’t be up for about a year. Any advice?

There is nothing you can do if you don’t own the property other than check your lease and see if there are any provisions that allow you to control the signage on your leased property.

You can always put up signs letting people know you are open for business..


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