What is the name of your state? PA
I'm intrested in renting a building from the owner. It is now a small restaurant. I plan to keep it a restaurant , just a different kind. He wants to lease the property but is also looking to sell the property. If I lease, the new owner must honor the lease? I was also thinking of a one year lease with 2 five year options. Will the new owner have to honor the agreement of this type of lease?
I'm intrested in renting a building from the owner. It is now a small restaurant. I plan to keep it a restaurant , just a different kind. He wants to lease the property but is also looking to sell the property. If I lease, the new owner must honor the lease? I was also thinking of a one year lease with 2 five year options. Will the new owner have to honor the agreement of this type of lease?