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Upon the sale of a property, leasehold improvements typically remain with the property unless otherwise specified in the lease agreement or sale contract. The new owner usually inherits these improvements, which can add value to the property. However, the treatment of leasehold improvements can vary based on local laws and specific terms negotiated in the sale. If the seller has invested significantly in these improvements, they may negotiate for compensation or a reduction in the sale price to reflect their value.
What else can I help you with?
Does freehold mean the the whole property is for sale?
Yes you can purchase a property either Leasehold or Freehold. Leasehold you only own the right to use the property, such as a house rental and pay the landlord a rental. Freehold purchases mean that you entirely own the property and land.
What happens if the owner of the property did not sale his property?
he would have to get out busness
What happens at a sheriff's sale?
A Sheriff's sale usually is to sell off property that has been seized by a large judgement against someone or a repossession that has taken place.
What happens when a leasehold mortgage is foreclosed?
The mortgagor's interest in the lease will be sold at a public foreclosure sale to the highest bidder. The winning bidder will then have the right to occupy the subject premises under the mortgagor's lease, for the remainder of the lease term. The ownership of the premises will not change. The foreclosure sale proceeds will be paid to the Sheriff, who will deduct his fees, with the balance of the sale price paid to the foreclosing mortgagee.
Can seller void contract if buyer makes unauthorized improvements to property?
No, that would not generally be grounds for terminating a purchase and sale agreement unless the prohibition were specifically stated. If the buyer is trespassing, that would be a different issue than the obligation to purchase and sell the property.
This property is for sale sell --choose correct form of verb?
The correct form of verb of the sentence "This property is for sale, sell" is "sale".
What happens if land has outstanding taxes owed on it?
The taxing entity can place a lien on the property or it can be put up for auction at a public sale.
What are some good websites that have lists of Turkish property for sale?
There are many companies and websites that have property for sale in Turkey. Some of these companies with property for sale are Rightmove, The Turkish Property Centre and Spot Blue.
What happens to the property if a property does not sell at the auction or Trustee's Sale?
If a home does not sell at auction it goes back to the trustee....(The bank / Lender). Typically the property transfers back at the starting bid...so in actuality it did indeed sell.
Can you sell your property in bankruptcy and what happens to the funds of the sale?
Yes you can sale your home but the bankruptcy court will take the proceeds from the sale and disburse them to your creditors that you owe. No, everything except your selected exempt property belongs to the bankruptcy estate, as of the moment you file, and it can only be sold by the bankruptcy trustee, with permission of the court, to satisfy your debts in an orderly fashion.
What happens to the second deed of trust if the first deed of trust is in foreclosure?
Nothing essentially happens to the 2nd deed of trust unless the property actually goes to sale and the foreclosure does not get cured by either the Trustor or the beneficiary of the 2nd deed of trust. In that case the 2nd deed of trust would cease to exist and drop off title at time of the sale of the property.
property for sale?
apexskyline
