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Sometimes, when a tenant’s retail business is in trouble, instead of closing the tenant will try to find a buyer. If the owner had previously obtained an eviction order because the tenant had defaulted on its rent obligations, things can get complicated, especially in a situation where the tenant offers to pay the back rent, plus an additional amount in exchange for the owner allowing it to stay in the space until it has a buyer. Owners should be aware that such a scenario can be dangerous.
