In: Operations Management
You rent a commercial property from your Landlord for a period of 10 years. Five years prior to the termination of the lease, you must abandon the property and breach the lease. Your Landlord has the obligation to try to find a new tenant for the property
A- | True |
B- | False |
C- | No answer text provided. |
D- | No answer text provided. |
The above option is true.
On the breach the current tenant has shown his willingness not to continue the current lease. So the landlord has to search new tenant if he has agreed of the breach. Mutual agreement is needed for same.