Legal Question in Real Estate Law in Pennsylvania
Is a 99 year lease in PA. legal? Can such a lease be challenged on the basis that the lease price of $1 per year is not a fair value for the property being leased and is causing financial hardship on the lessor?
Asked on 11/27/13, 7:51 pm
1 Answer from Attorneys
John Davidson
Law Office of John A. Davidson
Ok if it's a hardship on the lessor why did the lessor sign the lease in the first place?
{John}
Answered on 11/28/13, 11:09 am