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My landlord owns and maintains the property I'm leasing though an LLC. The lease documents are between myself and the LLC.

I was recently sent a letter that says that my landlord's LLC is filing for bankruptcy. He mentioned that future rent checks should be made out in his name rather than to the LLC like it was previously.

Does this mean he is breaching the lease agreement? Would I be within my rights to break the agreement because of this?

2 Answers2

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Your lease is with the LLC in bankruptcy - you should not be paying rent to anyone else. Unless and until the lease is transferred to someone else (in accordance with the terms of the lease or with your agreement) it will remain with the LLC. Contact the bankruptcy trustee to see how they intend to proceed.

Providing the LLC keeps fulfilling its obligations under the lease there is no breach.

Dale M
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The LLC is your landlord.

The person who owns the LLC may be doing any number of things, some of which have dubious legality.

However, none of them are related to your lease agreement, which is with an LLC, which is now under the management of an official assignee. Until such time as the actual landlord, the LLC under control of the official assignee, communicates a change in payment directions, you should continue to act as you have been, because the agreement is entirely unchanged and unaffected.

If the property is transferred as part of settling the debts, your lease remains intact. You simply have a new landlord with the exact same rights and responsibilities as before.