How to Enforce a Personal Guaranty on a Business Lease in Florida After the Tenant LLC Defaults
In Florida, a landlord can often enforce a personal guaranty after a tenant LLC defaults by proving (1) the lease default, (2) the guaranty’s scope, and (3) the guarantor’s nonpayment—then suing for rent and other contract damages. Guaranties are routinely enforced in Florida commercial leasing because they shift default risk from an undercapitalized entity to […]