I have rented commercial space at the same location for 25 years, the building was sold and the lease we signed with old

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Customer: I have rented commercial space at the same location for 25 years, the building was sold and the lease we signed with old landlord expires end of November 2020, they provided me a new lease agreement on Oct 30th to take effect Dec 1st 2020. We have decided to not renew our lease and the property manager said the new landlord would not likely agree to go month to month. My question is do we have to be out the end of november or is there a grace period of 30 days so we can find a new office location.
JA: What province are you in? It matters because laws vary by location.
Customer: ontario
JA: What steps have you taken so far?
Customer: we were considering downsizing but when they came back with the new lease agreement we have decided to move. We asked to go month to month and the property manager said they would let us know tomorrow, but said they don’t think the landlord would agree. So just trying to figure out my rights before they respond to our month to month request
JA: Anything else you want the Lawyer to know before I connect you?
Customer: no that’s it

Answered by Debra in 1 min 2 years ago

Debra

10+ years of experience

172490 Satisfied customers

Expert in: Family Law, Legal, Estate Law, Real Estate Law, Criminal Law, Employment Law, Business Law, Consumer Protection Law, Bankruptcy Law, Traffic Law, Personal Injury Law.

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Debra

172490 Satisfied customers

10+ years of experience

Debra

10+ years of experience

172490 Satisfied customers

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Debra, Expert

Hello and Welcome to JustAnswer. My name is***** will be working on your question today and I am looking forward to our conversation.

Customer

Thanks Debra

Debra, Expert

Please note that the experts don’t text so there may be a bit of a delay. If you don’t answer back for a while I may not be online when you do but I will never desert you and will check back often. As well, as I am working from home it is possible that I will be interrupted but I will always return back as soon as I can.

I am sorry to hear of this difficult situation.

Unfortunately, there is no such thing as a grace period unless your formal lease provided for one which would be extremely unlikely.

You can ask for their consent to allow you to pay rent for one month and remain there for one more month. One might think that they would agree because it's not like you are going to hurt them during this time of year especially during a global pandemic.

Does that make sense?

Customer

thanks for your help

Debra, Expert

You are very welcome.

Debra, Expert

Thank you for trusting us to help you here at JustAnswer. I am marking this post as complete. If you would like to ask me more questions please start a new post and if you do if you say “This is only for Debra” I will be sure to give your post top priority.

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