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    harvis's Avatar
    harvis Posts: 1, Reputation: 1
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    #1

    Oct 13, 2011, 04:36 PM
    I have a commercial lease in a building that is going to foreclosure what rights do I
    I am a doctor and have a commercial sublease the owner of the building that I am subleasing from is going into foreclosure what right do I have and if the date is given as Nov 4 as foreclosure what does that really mean to me
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Oct 13, 2011, 04:43 PM
    With commercial property the purchaser will honor existing leases. They may future plans for the building so they may not renew the lease.
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