R. Kelly’s Landlord Seizes Musicians Royalties for an Incredible Amount of Unpaid Rent

Posted On : April 12, 2019

R. Kelly Dropped By Sony Music, RCA

Ever since the premiere of Lifetime’s Surviving R. Kelly the singer can’t seem to catch a break. Being dropped from his record label and unable to release new music has limited his earning potential but the singer’s old music still earning him some bucks. Kelly’s former landlord took note of that and has now asked the court to seize his assets for unpaid rent.

The property, which was featured on the documentary as the headquarters for his alleged sex cult. It’s listed for sale at $3.9 million.

Kelly was over $80,000 in arrears, and an eviction lawsuit was filed against him in July by the owner of the building, Midwest Commercial Funding. The singer obtained his loan for the property through Midwest Commercial, and his contract guaranteed a 10-year lease at a monthly rate of $22,927.41.

According to court documents obtained by The Blast, Kelly’s former landlord, Midwest Commercial Funding recently issued a subpoena to Sony Music Holdings, Inc. and was able to get the music company to freeze $264,535 in Kelly’s biannual royalty account.

After Kelly failed to pay two balloon payments and fell back on the monthly check, the eviction process was started.

Next Page: How much did Kelly owe?>>>

NEXT PAGE

About I Love Old School Music

We salute the incredible people and beautiful memories of that "old school". We’re not saying that every artist and every facet of the soul era was perfect, but the artists’ contributions to soul music and the old school memories of that particular time are PRICELESS.