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Updated 7 months ago,

Michael Elliott's profile image
Michael Elliott's profile image
Michael Elliott
Pro Member
  • Member since Jun 8, 2021
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33
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7
Votes
Michael Elliott's profile image
Michael Elliott's profile image
Michael Elliott
Pro Member
  • Member since Jun 8, 2021
Connect
Michael Elliott
Pro Member
7
Votes |
33
Posts
General Real Estate Investing

Existing Lease on Land North Carolina

Michael Elliott
Pro Member
Posted

Looking at purchasing some vacant land in NC that has an existing lease on it to a 3rd party.  The lease was recorded with the county but has no terms in it stating that lease transfers with a property sale.   If we were to purchase this property, would we have to honor an existing lease?

  • Michael Elliott
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