Quality Representation in NYC Real Estate Transactions + Litigation
The Price Law Firm LLC
Yellowstone Injunctions in New York, NY
When a commercial tenant is breaching some part of the lease — for example, by hanging a sign against the terms of a lease or performing alterations in some way — the landlord may proceed with the eviction process. The landlord may give the tenant a five- to 10-day period to cure the default.
At this point, the tenant may be able to toll the cure period, which stalls the eviction process. At The Price Law Firm, we help commercial tenants who are pursuing a Yellowstone injunction. To learn about your specific legal options, contact a New York Yellowstone injunctions lawyer today
Seeking A Yellowstone Injuction
Commercial tenants may lose the opportunity to save their tenancy if they don’t seek a Yellowstone injunction. In order to get a Yellowstone injunction, a tenant must go forward with a lawsuit against the landlord, and then appear before a state court judge and ask to receive the injunction by signing a temporary restraining order. This essentially makes time stand still, allowing for the tenant to remedy the situation and ultimately save the tenancy.
Typically, a tenant has 10 days to cure the alleged default. But with a Yellowstone injunction and temporary restraining order in place, the tenant has a longer period in which to formulate a plan, and the landlord cannot terminate the lease.
Our firm can help you through the process of seeking a Yellowstone injunction, tolling the running of the notice to cure. Contact an attorney today to schedule an initial consultation.
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1115 Broadway New York, NY 10010