So I signed a 5 year commercial lease on 2/18. It's now 2/21 and the landlord just called to say he didn't want to do business with us anymore. Is he allowed to terminate the lease? I haven't moved my business in. I've never gotten the key either. But we've signed a 'Standard Form of Store Lease' & also paid the security deposit already. He didn't write me a physical letter saying he wants to terminate the lease. Only gave me a phone call. He says he's willing to give me back my deposit money. But I'm wondering if it's possible to sue for a breach of contract? (if it's written in the contract)
If both sides signed the lease, then the termination provisions of the lease govern. In the standard lease, there is no way to terminate except for a default. You can definitely sue.
This depends on the wording of the lease. Unless there is a specific provision allowing the landlord to terminate the lease on no notice, you likely have an action to compel the landlord to honor the lease.
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