Now's the time to dig deep into the language of your lease — with a lawyer's help ideally
With restaurants facing mandated dining room closures and decreased sales in the wake of COVID-19, many operators are struggling to make this month’s rent. To find out what options are available to them, Eater turned to”I know it’s easier said than done, but if you can, try to relax and understand that most landlords want you to survive as a business and to stay in their premises,” Moy says.
If you have a good working relationship with your landlord, great! Reach out to them to open the dialogue about what to do next.
If you have a bad, or adversarial relationship with your landlord, it might be better to have your attorney review your lease to let you know exactly how and when the landlord can claim you’re in default. It also may be better to have your attorney reach out to the landlord’s attorney in a more formal way, as they may have more civil conversations with each other than you and your landlord.
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