commercial property lease overhold

Clio123

New Member
Messages
1
Hi all,
I bought the commercial property about 7 years ago, the lease was overhold. the rent is undervalue of market price. I did not incease the rent during 7 years because the tenant wasn't agree for it. we don't sign up new lease. the lease is still overhold. In this case can I terninat the lease? or a Notice to Quit to be served on the tenant.

thanks