[RPPTL Leasing Committee] Effect of Deferred Rent in Lease Option Situation

[RPPTL Real Estate Leasing Committee]

Good afternoon all,
A client has a lease-option with a tenant/potential purchaser. Our client would like to offer deferral of one year's rent with the amount of deferred rent to be applied to the purchase price. Apart from the potential usury issue, do you see any potential regulatory/landlord-tenant issues with this particular arrangement?
Thanks
Manny


Manuel Farach
Attorney at Law

[mcglinchey]

mfarach at mcglinchey.com
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