Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I just Wanna know what my legal rights are, Two friends of mine were opening a retail store in a mall. my Name is on the lease but i never signed it, I was not present the day the other 2 girls sign the lease, Am i still responsible?
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,551 posts, read 81,103,317 times
Reputation: 57750
If the lease is in the name of the business, and you are one of the owners, you will be held responsible regardless of whether you signed it. Most companies have one person responsible for signing leases, not every owner or shareholder. If it's just in the names of the three people, then you would be required to sign it to be held responsible.