QUESTION
Can my landlord keep the sign with the name of my business on it that I purchased and mounted with his approval?
Asked on Jul 09th, 2024 on Leases and Leasing - Michigan
More details to this question:
My business recently had a fire and is unusable.when I tried to get my sign off, he said it belonged to him as a fixture. The lease states “All alterations and improvements, but not moveable equipment and trade fixtures, put in at tenants expense shall be the property of the landlord and shall remain on and be surrendered with the premises at the termination of the lease.”48911
1 ANSWER
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Not sure what he is going to do with the sign but once it was attached to the property, it probably became 'appurtenant' to the building structure and therefore his.
Since he has no use for it, I would offer him $100 to buy the thing.
Answered on Jul 11th, 2024 at 10:45 AM