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Leasing is the best option because you can use the profits to help pay the lease. Once you've bought it, you're looking a storage house if the business turns bad.
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∙ 11y ago
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If lease with option to purchase been foreclosure on what happens?
Sorry, the question is totally unclear. Do you want to buy a foreclosed property that had been lease optioned -OR- is it your lease-optioned property that is in foreclosure? Are you the property owner or are you the person trying to buy it via lease-option? Please re-word the question and re-submit it.
Where can I lease commercial property?
Leasing commercial property can be very difficult for many people. The best place to start your search for commercial property that you can lease is the website Craigslist.com.
How can I find a commercial lease property in Portland?
The best way to find a lease property is by talking to a Realtor. These people will be able to show you many options within your price range.
What happens to a written lease agreement when the land owner conveys the land to another person?
If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.
Is it best to lease or buy a car?
That depends entirely on your situation.
What to do if there is a lease agrement and the owner dies and there is no will and liens on the property?
If the liens predate the lease then the property will likely be sold to satisfy the creditors.If the liens predate the lease then the property will likely be sold to satisfy the creditors.If the liens predate the lease then the property will likely be sold to satisfy the creditors.If the liens predate the lease then the property will likely be sold to satisfy the creditors.
Is a lease valid if owner turns property over to a property manager?
Yes. As long as that is not prohibited in the lease.
What is the best thing for a new business, lease or buy?
I would rent a property for my business because if you business fails which statically it will you wont be paying interest while you are in debt. It is a good solution do a difficult problem.
Can one owner lease out property that is jointly owned?
No. All the owners would need to consent to the lease by signing it. If all the owners of the property, or their duly appointed agent, didn't sign the lease it would not be a valid lease. All the undivided interest owners have the right to the use and possession of the whole property but one owner cannot encumber the whole property.A lease signed by only one of the owners of the property is not binding on the other owners. The tenant would not have their permission to lease their property.
How much is it to lease commercial property?
It just depends how much you want to lease it. You don't need to lease it at such a high price nobody would want to buy it. If someone offers you a decent amount of money close to your price I would take it.
I pay ground rent on my property but the lease has been sold to another management company.Should I have been given the chance to buy before transfer.?
I'm not sure of what state you are in but I believe that in Baltimore, MD you have the right to purchase the property for the ground rent divided by .02 - .04 dependening on the date of the lease. You should have the opportunity to buy it at any point, you do not have to wait for a transfer or for the lease to run out. Hope this helps.
Where can I find homes for lease?
There has been a problem in the selling chain of my property and we now need to rent a home for a while. Can anyone advise the best place to look for homes for lease?
