Warning of Default on Commercial Lease - Washington 2025

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Defaulting on a lease means failing to fulfill your responsibilities as outlined in the agreement. This could involve missed rent payments or violating other terms, like subletting without permission.
All owners of a LLC have protection from being held personally liable for business debts and claims against the LLC. If the LLC is unable to pay its bills (such as its rent, mortgage, or other type of loan), the creditor cannot legally go after the personal assets owned by the members of the LLC.
Most evictions begin with a written notice (a/k/a unlawful detainer notice, or eviction notice). This is required even if the landlord believes the tenant cannot pay, or the landlord does not wish to give an option to cure and just wants the tenant out.
A default is a failure to comply with a provision in the lease. Curing or remedying the default means correcting the failure or omission. A common example is a failure to pay the rent on time.
Typical events of default include non-payment or late payment of amounts due, breach of certain material representations and warranties or covenants, cross-default, breach of change of control provisions, and insolvency.

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A default is a failure to fulfill an obligation . Defaulting is most common in regards to debtor-creditor law and contract law. Typically, a default leads to judicial proceedings or triggers the application of a separate contract provision.

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