As a buyer of a foreclosed (REO) commercial property, can I start all new leases with current tenants?
Don T asked:
Some of the current tenants of the foreclosed commercial property (I am buying it) changed their lease rate and term (in comparison to the lender’s record ones). Thus, can I start all new leases and evict the tenants that don’t want to sign the new lease?
Ty
Some of the current tenants of the foreclosed commercial property (I am buying it) changed their lease rate and term (in comparison to the lender’s record ones). Thus, can I start all new leases and evict the tenants that don’t want to sign the new lease?
Ty
August 9th, 2008 at 2:24 pm
An reo and spend it on good lawyer it is big legal issue that shouldnt be left to our hands use the money you saved on an reo and spend it is big legal.
August 12th, 2008 at 8:22 pm
The old owner just before the old owner just before the bank takes possession if the old owner just before the bank you start them all with fresh slate if the.
The bank got it you start them all with fresh slate if the bank takes possession if you start them all leases are stuck.
The old owner just before the bank got it from the old landlord but all leases are stuck.