Jia Yueting Almost Loses US Headquarters Building FF Arrears $1 million Rent

Fast Technology reported on April 4 that Faraday recently reached an agreement with its landlord, Southern California real estate company Rexford Industries, to stay in its Los Angeles headquarters building as long as several conditions are met., Rexford has the right to trigger a 48-hour demand for payment if Faraday Future violates any of its terms., If Faraday Future does not pay, Rexford can evict Faraday Future;
If Faraday Future pays on time, it can stay until the lease expires in September 2025., It is reported that Rexford first sued Faraday Future in February this year, claiming that the company failed to pay multiple rents, totaling nearly $1 million., According to the latest agreement, Faraday must pay 312,524.46 US dollars in arrears before April 30 this year. Pay this month’s rent of US $305,617.08 on or before April 15., In addition, Faraday must pay next month’s rent of US $312,419.63 on or before May 6., Not only in Los Angeles, Faraday is also sued by BXP Realty, the landlord of its San Jose office. FF has rented a local office of BXP Realty since 2022., On January 31, local time, BXP Realty filed a lawsuit in Santa Clara Superior Court,
It is alleged that Faraday did not pay rent in December last year and the outstanding balance reached 127311.16 US dollars (currently about 917000 RMB)., Since Faraday Future did not pay this amount, the landlord intended to evict the company.,, [end of this article] if you need to reprint it, please be sure to indicate the source: fast technology, responsible editor: if wind, return to the first electric network home page>,