Manage commercial lease renewal refusal
Refusal of renewal of the commercial lease by the lessor
Have you received a leave of absence with refusal to renew the commercial lease?
refusal to renew. This refusal to renew could have catastrophic consequences for the merchant, who could lose his business. This is why, apart from the cases specifically listed by the Commercial Code, the lessor who wishes to refuse the renewal of the commercial lease must pay you an eviction indemnity which may correspond to the value of your business. The leave with refusal of renewal, must be served by writ of commissioner of justice at least six months in advance, must specify the reasons for which it is given and must indicate that the tenant who intends to contest the leave or request the payment of eviction compensation must refer the matter to the court within two years from the effective date of the leave. In practice, the lessor will often try to invoke the lessee’s faults in an attempt to exonerate himself from the payment of the eviction indemnity.