Submitted by Anonymous on Mon, 01/25/2010 - 09:44
Posted in
I signed a 2 year commercial lease with my landlord. It was about 7 pages long and he used his sons real estate company. The son is a licensed real estate broker but the father, who signed the lease, is not. Would the father have to be licensed as a broker or salesman in order to sign the lease and for it to be legal?
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Editor's Response
A commercial lease is merely a contract entered by the landlord and the tenant. The landlord does not need a license to enter such a lease as long as he is signing for himself. You could check with the LLC documents on file but, presumably, the landlord (father) is authorized to enter contracts on behalf of the LLC. For more information or to post a question, visit our Massachusetts Real Estate Law Discussion Forum.
update
Upon further inspection, the lease is with a realty group which is a LLC registered with the state. The realty company is owned is also run by the landlord and his family members. Even though he signed the lease, it is not with him, it is with the realty group LLC.