I did not renew my lease within the stipulated time and I would like to know if can be asked to vacate the premises for what I feel is a minor error.
I operate a retail shop from the building and due to the financial state of the business I wasn’t sure whether renewing the lease would be wise.
In addition, as the location isn’t particularly desirable, I thought the landlord would not be in a hurry to lease the building to a third party.
After missing the deadline, I contacted the landlord to discuss the renewal.
The landlord’s attorney subsequently sent correspondence confirming that the lease had expired and that I was to vacate the building at the termination of the agreed period.
Having rented the building for a considerable period, I thought it would be assumed that I would continue with the lease if I did nothing.
Late Lease Renewal
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