In July 2013, I signed a 3-year commercial lease to run my automotive retail business from but due to insufficient funds by July 2015, I could not pay my rent anymore & moved out in December 2015, still being 5-6 months in arrears & 6 months remaining on the lease.
The tenant to take over the lease realised that the size of the building was about 30 square meters short of what it was advertised at when I moved in. My question is, can this discrepancy void the lease as I have been overpaying for 2 years at $100+/square meter?
Also, I am in the process of refinancing my home loan to repay the arrears to the landlord but he is proceeding with legal action. I thought my finance broker told me that while I am in the process of trying to get the money, no legal proceedings can take place, is this correct?
The tenant to take over the lease realised that the size of the building was about 30 square meters short of what it was advertised at when I moved in. My question is, can this discrepancy void the lease as I have been overpaying for 2 years at $100+/square meter?
Also, I am in the process of refinancing my home loan to repay the arrears to the landlord but he is proceeding with legal action. I thought my finance broker told me that while I am in the process of trying to get the money, no legal proceedings can take place, is this correct?