Early Lease Termination

[CDobby]

What is the name of your state (only U.S. law)? Texas

Hello, Im new to this forum and need advice. We leased a space in this strip mall for 5 years. 3 years 2 months Ive been putting my own money and we were about to loose our home. Of course we had almost 2 years left on the space. I called the landlord to let him know at the begging of the month that we could no longer afford the space as it was draining our personal finances. He asked me if i would be able to make the next months payment, I told him no. He then told me that he understands and I didn't ask him to shut down just do I could have just shut down. A week in a half later, I called to remind him of our agreement, he then said I have sold the building.

Does a verbal agreement hold up in court? I do have him recorded agreeing before he sold the place.

 

[latigo]

What is the name of your state (only U.S. law)? Texas

Hello, Im new to this forum and need advice. We leased a space in this strip mall for 5 years. 3 years 2 months Ive been putting my own money and we were about to loose our home. Of course we had almost 2 years left on the space. I called the landlord to let him know at the begging of the month that we could no longer afford the space as it was draining our personal finances. He asked me if i would be able to make the next months payment, I told him no. He then told me that he understands and I didn't ask him to shut down just do I could have just shut down.(?) A week in a half later, I called to remind him of our agreement, he then said I have sold the building.

Does a verbal agreement hold up in court? I do have him recorded agreeing before he sold the place.

You called him to remind him of "our" agreement? What agreement are you talking about? What are you claiming the landlord agreed to. Because all I'm seeing here is you telling him that you could not make next months rent and he said he understood. Have you omitted something from your conversation with the landlord?

Why do we need to know that he sold the building? There is nothing preventing him from doing so. The only consequence to you is that you have an new landlord.

And I'm not about to speculate as to what means this "shut down" stuff means.