My question involves an eviction in the state of: PA
A commercial tenant is evicted by sheriff via the "Order for Possession" for non-payment of rent.
The Lease states that the Lessee grants to Landlord a security interest in all Lessee's goods and property in the premises and said interest shall secure the payment of all rent and charges collectible as rent.
The lease also states that all rents become due and collectible in advance if Lessee defaults.
1. Can Landlord collect all past rent and future rent due, even though the Lease is now terminated because of default and eviction?
2. Can the Landlord sell all items and equipment in the property? How about the property of someone who was subletting the premises or working there on contracting basis.
3. If the proceeds of sale don't cover all outstanding rent and fees, what options does Landlord have to recover the balance?
4. Can Landlord continue to run the business herself under the same name or by registering it under a different name?