S
SamT
Guest
My business leases industrial space in CA. Our first lease 9 years ago listed the space as 5700 sq ft at $0.55/sq ft. 2 years later our renewal lease listed the same space as 5671 sq ft at .58/sq ft.
We have signed several renewals over the years for higher rents, always with the space listed at 5671 sq ft.
We've just measured it and it is actually slightly less than 5200 square feet. We've reported the error to the owner and their going to check the blueprints but we're wondering what our legal rights are. This amounts to over $27K overpayment over the 9 years we've leased. Do we have any legal right to a refund? If yes, for all 9 years or is there a limit on how many years we can go back?
We have signed several renewals over the years for higher rents, always with the space listed at 5671 sq ft.
We've just measured it and it is actually slightly less than 5200 square feet. We've reported the error to the owner and their going to check the blueprints but we're wondering what our legal rights are. This amounts to over $27K overpayment over the 9 years we've leased. Do we have any legal right to a refund? If yes, for all 9 years or is there a limit on how many years we can go back?