|
|
|||||||
| Landlord vs Tenant Issues Landlord and tenant issues, including rent, leases, non-payment, eviction, holdovers, summary proceedings, etc. |
 |
|
|
|
Thread Tools | Search this Thread | Rate Thread | Display Modes |
Apr 26th, 2007, 11:55 PM
|
#1 |
Posts: n/a
|
terminating a lease because I am selling the property.
I wrote up an agreement with a person to have him lease 100 acres for a total not to exceed 5 years at a set price of $30 per acre. This was to be paid once each year for each of the 5 years. This agreement is in its 2nd full year, however, I have been approached and have agreed to sell this land to another individual. The person who is presently leasing the land wants me to pay him for the 3 years that he will not get to use the property. Am I liable to pay him if he has not even paid for these 3 years?
|
|
|
Apr 27th, 2007, 03:50 PM
|
#2 |
|
Top Level Member
Last Online:
Jul 11th, 2008 12:49 PM Join Date: Mar 2007
Posts: 694
|
Re: terminating a lease because I am selling the property.
he can sue you if he cannot keep the lease, so you need to work out some agreement with him or let the lease run and then have the buyer take it when the lease is finished
|
|
|
|
| Thread Tools | Search this Thread |
| Display Modes | Rate This Thread |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| terminating parental rights | Unregistered | Child Custody & Support | 8 | Nov 30th, 2008 09:22 AM |
| Tenant changes mind on early terminating... | Good Landlord | Landlord vs Tenant Issues | 1 | Oct 9th, 2008 10:16 AM |
| non-profit organization selling its property | Unregistered | Other Nonprofit Law Issues | 2 | Jul 17th, 2008 09:43 PM |
| mold remediation/disclosure when selling/decrease in property value/Nevada | mrs borja | Buying & Selling Property | 1 | Oct 20th, 2007 09:33 AM |
| Signing the lease with the property manager question? | Unregistered | Landlord vs Tenant Issues | 1 | Sep 18th, 2007 08:33 PM |
Linear Mode
