unusual lease

My cousin and I are both owners of a leased property in Ohio.My mother was my grandfathers trustee and when he passed my mother and my aunt became joint owners of the estate.We had to change the lease 6 years ago because the tenants went into default.We had to take them to court because they refused to admit they were in default after 3 months of no payments.Since then ,both of our mothers have passed away.Even though the new lease includes 2 percent extra per year,it does not help much because the lease amount is now split between 6 adults.We want to sell the property but the lease states that even if we sell the new owners have to abide by the lease.If the principals of the lease have passed on and we end the trust,will that change the lease in any way? We have to give them first right to buy. Thank you

[randalljd]

The tenant still gets the lease rights until the lease expires.

[msg]

Are they paying regularly now? Could you put them into default and end the lease?

They are paying on a regular basis now.We have the right to end the trust and transfer ownership to a person that is not a beneficiary.Would that affect the contract ?

Normally no--the lease has to go to expiration. But have counsel review the docs closely as well.

the contract is to last another 43 years.I know that is extreme.The lease amount goes up 2% every year.