Give Required Notice Before Ending Non-Lease Tenancy
While most commercial leases are for several-year terms, some owners and tenants opt for a month-to-month tenancy. If your tenancy runs month-to-month without a lease, don’t assume that you can just pick up and move simply because this is a less restrictive deal than a lease. Make sure you check the requirements for ending the tenancy—you may need to give advance notice of your intent to vacate. In these types of arrangements, statutory requirements sometimes apply. Find out from the owner of the space what it expects, and touch base with your attorney if you’re expected to follow statutory guidelines.