Ask Experts Questions for FREE Help !
Ask
    karen karras's Avatar
    karen karras Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Aug 7, 2012, 05:45 PM
    Property purchase that has been leased
    I want to buy 10 acres with house that has been leased to a gas drilling company. What are the implications?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #2

    Aug 7, 2012, 05:57 PM
    What type of lease and what are the terms. Normally you will be obligated to continue the terms of the lease.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Keeping an individual off your leased property [ 1 Answers ]

In leasing property for our hobby, what is the proper method of not permitting a particular person from the property after he/she has resigned their membership over serious controversial situation. Additionally, we post a sign saying spectators welcome. Many of the members are persistent a letter...

Buying a leased property [ 1 Answers ]

We are planning to make an offer on a house, but learned that it has just been leased for a year. If we buy the property, can we just assume the lease? What are the pitfalls of an arrangement like this and does it give us more negotiating power? We are in no rush to move in as it is our second...

Landlord and loose dog on leased property, doesn't property go with the lease house? [ 31 Answers ]

I lease a house that has a front yard and a backyard and a legal apartment off to the side. My landlord and his dog live in his apt in the garage that I do not think is legal. When we moved in he told us he would be moving in a few months. Before he moved he let his big german sheperd mix run...

Foreclosure of a Leased property [ 5 Answers ]

What do you do if you're the tenant in this situation.

View more questions Search