Downtown Office Company, as landlord, has entered into an office lease with Hi-Tech, Inc. as tenant. Hi-Tech fails to make its rent payments. Downtown would like to evict and remove Hi-Tech from its space and relet the space. Downtown also wants to recover from Hi-Tech the difference in rent if it cannot relet the space for the same rent that Hi-Tech paid. Can Downtown do this?
Fill in the blank(s) with the appropriate word(s).
Yes, Downtown can probably evict Hi-Tech, relet the space, and recover from Hi-Tech any shortfall in rent. Most commercial leases give the landlord the right in the event of the tenant’s default to evict the tenant without terminating the lease. The landlord then, as agent of the tenant, may relet the space. The tenant remains responsible to the landlord for the rent less any rent received from the reletting.
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