1.Renewal of Lease

Imagine that you have been in the property for 8 months so far. Business is going well and you wish to remain in the building and continue your business. How would you extend or renew your lease with Bob Seller, your landlord? What timeframe must you renew in?

2.Assignment.

About 6 months into your new business, you are not doing well financially and decide to close the business. You don't want to lose a bunch of money when you close. You have a friend, Sally, who wants to use the space for the other 6 months of the lease. She will run a different business than you. Is this allowed? What allows or disallows her?

Instead, you decide that you cannot run the business and want to sell the entire business to Sally. She buys the business in full and stays in the space this lease covers. Can she do that? What allows or disallows her?

3.Improvements.

What happens when you decide you need to make some improvements to the facility you are leasing. What do you need to do, if anything, to legally make improvements (e.g., add permanent shelving, create a new wall inside, etc.).

4.Signage.

The business needs exposure, so you order a large sign that is similar size of your neighbor's sign. Your neighbor rents from Bob Seller as well. When you install the sign, Mr. Seller tells you to take it down. Can he legally do so?

5.Signature.

Assume Bob signed the lease, and you called him to tell him you accept the 12-month lease, but could not get to his office to provide a signature. He tells you not to worry about the signature and mails you a key to the building You move in and assume everything is fine.

And decide to move out in 6 months and return the key. Bob says you have a 12-month lease, so you need to pay the remaining 6 months of rent pursuant to section 15. Can he do so? Why or why not?

6.Additions to lease.

The person and Bob talk about changing section 9 of the lease, involving utilities, to make Bob pay for the water bill. The changed occurred as follows: for the first three months, you received a water bill much higher than what you expected. You called Bob to complain. Bob told you not to worry about the bill; he will pay the bill for the next 18 months if you renew the lease.

A few months later, you receive a collections notice from the City because you failed to pay the water bill. You want to sue Bob for the costs. Can you do so? If so, why? If not, why? What legal concepts apply that we discussed in class?

Assume you get the water bill issue taken care of because Bob paid for the water each month. At the end of the initial 12-month lease (which is the timeframe of the above lease), you decide you are NOT going to stay in the building. Bob calls you and says you have to stay because the agreement was 1) if he paid the water, 2) you renewed your lease. Can he require you to stay? If so, why? If not, why? What legal concepts apply that we discussed in class?

Can I get help with these questions and can they be answered in an easy standard.

thank you!