We had signed a lease for the cell phone accessory stall at the mall for 3 years. Our lease is going to expire at the end of May 2013. We didn't get any renewal notice from the mall. The mall headquarters has decided that our lease cannot be extended. The primary reason given is there are 3 more cell phone accessory stalls in the mall now and they can't have these many cell phone accessory stalls. However, We were the first ones at the mall and after a year there have been 3 more cell phone accessory stalls at the mall. How can we extend the lease and not be kicked out of the mall?
Your landlord is under no obligation to renew or extend a lease. Moreover, your landlord doesn't need a reason not to extend the lease.
DISCLAIMER: Brandy A. Peeples is licensed to practice law in the State of Maryland. This answer is being provided for informational purposes only and the laws of your jurisdiction may differ. This answer based on general legal principles and is not intended for the purpose of providing specific legal advice or opinions. Under no circumstances does this answer constitute the establishment of an attorney-client relationship. For legal advice relating to your specific situation, I strongly urge you to consult with an attorney in your area. NO COMMUNICATIONS WITH ME ARE TO BE CONSTRUED AS ARISING FROM AN ATTORNEY-CLIENT RELATIONSHIP AND NO ATTORNEY-CLIENT RELATIONSHIP WILL BE ESTABLISHED WITH ME UNLESS I HAVE EXPRESSLY AGREED TO UNDERTAKE YOUR REPRESENTATION, WHICH INCLUDES THE EXECUTION OF A WRITTEN AGREEMENT OF RETAINER.
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You cannot extend your lease without the agreement of your landlord. Before you decide to hold over without a lease, you should read the terms of your lease agreement, rental may be extremely high if you hold over. Fair? Maybe not. Legal? Yes.
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