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    Post: lease validity if a building is sold to a different owner

    Posted by Gabe Busby on 11/10/11


    we currently hold a lease in a building that is being sold
    to a corperation whos intention is to knock the building
    down The building was in forecloser to begin with and the
    note was sold to someone at a discount or short sale I
    believe. The question then is will we and the other current
    tenants be for forced to move or will the owner regardless
    of who it is ie: bank, private party, new corporate
    restaurant... have to honor all of our leases or buy us
    out...

    Posts on this thread, including this one
  • lease validity if a building is sold to a different owner, 11/10/11, by Gabe Busby.


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