Oct

What are my rights as a tennant? Commercial bldg?

By admin

I have been paying my wifes grandpa a well below market (his choice) rent for over 6 yrs. He just passed and now the survivors of the property (his kids) want to raise my rent by 500%… Myself and the Gpa never had a written lease agreement, he just told me what to pay each month and I sent him a check. Am I entiltled to 30 day written notice, and the 30 day eviction notice.. What are my legal rights. This is getting messy, and I hate to have to do this with my wifes family, but my company has budgeted $ xxx only for the 2007 year, and cannot swing the HUGE increase of rent.
HELP PLEASE.
Thanks
PS—- If my father in law owns half of the property, can he file for a partition of property, (can she refuse, and force sale).
I would like to possibly buy this property, but they refuse to get a certified commercial appraiser- Which I beleive is neccessary, instead the othe 50%owner has a real estate agent bragging about how much rent she could get for this place.$$$$ This is in Michigan

Quick House Sale

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