[WSBARP] Lease assignment

[Marc Holmes]

Perhaps, I should re-phrase this as a question.  Is it worthwhile to have
the seller and purchaser execute some sort of an
assignment/delegation/attornment/estoppel agreement in a situation like
this?  The purchaser would like some assurance the tenant stays for the
remainder of the lease term which as it turns out is only 6 months.
Presumably he'll want to raise the rent and sign a new lease at that point.

 

 

 

 

Marc Holmes

Holmes Law Group PLLC

808 5th Ave N

Seattle WA 98109

 <http://holmeslawgroup.com/> HolmesLawGroup.com

marc at holmeslawgroup.com

Ofc: 206-357-4224

Cell: 206-849-0853

 

From: wsbarp-bounces at lists.wsbarppt.com
[mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of Marc Holmes
Sent: Monday, February 9, 2015 4:40 PM
To: 'WSBA Real Property Listserv'
Subject: [WSBARP] Lease assignment

 

I have a client purchasing a residential condominium unit with a tenant in
place.  Does anyone have a lease assignment they'd be willing to share.

 

Thanks,

 

Marc 

 

 

 

 

Marc Holmes

Holmes Law Group PLLC

808 5th Ave N

Seattle WA 98109

HolmesLawGroup.com <http://holmeslawgroup.com/> 

marc at holmeslawgroup.com

Ofc: 206-357-4224

Cell: 206-849-0853

 

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