• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Impact of lease sublease ownership change

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

safetek

Junior Member
What is the name of your state?What is the name of your state? Georgia

We subleased a building approx. 14 months ago and just found out that the lessor we subleased from purchased the building about 10 months ago. He never notified us of the ownership change. Since the lease specifically names us the sub-lessee, is the contract null and void? The ownership change impacts insurance liabilities at the very least.

Thanks in advance

Rod
 



Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
data-ad-format="auto">
Top