Appellate Practice Attorney serving New York, NY
You can be responsible for your predecessor's agreements, but (a) you may be able to sue your predecessor for fraud for not disclosing the agreement before you agreed to the sublease, and may be able to rescind the sublease or collect damages; and (b) generally an oral agreement which cannot be performed within one year violates what is known as the statute of frauds, and is unenforceable.
Answered on Jun 05th, 2013 at 10:57 AM