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Third party buying business

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carolyn thomas

Guest
18 months ago I sold my business to corporation and I am carrying a 60 month note. The new owners now want to sell the business to a third party and continue to pay their note out to us. There is nothing in the sale contract that says that they cannot do this, however, we do not want them to sell to a third party because of the risk. We still own the building that the business is housed in and we do not want to lease to a third party unless the original buyers pay us in full. Do we have any recourse?
 



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