Posted by Eric Fl on November 11, 2000 at 07:22:13:
You can either opted to buy or not, if you?ve subleased it on a L/O then make sure there L/O ends before yours does. This way if it says so in your contract you can sell to the lessee who has the Lease Option with you, just make sure you?re able to do so first.
How to close after the lease option is done? - Posted by Todd (Wisconsin)
Posted by Todd (Wisconsin) on November 11, 2000 at 01:52:09:
I’ve done some reading about lease options and like the fact I can create cash flow without ever buying a property. What happens when my lease option ends with the seller? Do I have to buy the property or does the pontential buyer that I leased to do.