Quote:
Originally Posted by KaraG
It doesn't make sense to me. Why would you put yourself at such a huge financial risk? You would be liable for the rent, insurance, utilities, etc for the term of the lease. It's not your business.
I don't think your side agreement with him could protect you from being on the hook personally for the expenses of the new location.
|
I agree, even if you have a 100% iron proof legal agreement between you and the owner, it will still take time to take him to court and enforce it. Could be years after the rent, insurance, utilities liabilities crush you with financial ruin if something went wrong.