Legal Question in Real Estate Law in Utah

lease agreements

If ownership changes do you have any obligation to new owner unless new lease is signed?


Asked on 2/06/03, 12:51 pm

1 Answer from Attorneys
Alvin Lundgren Alvin R. Lundgren, L.C.

Re: lease agreements

THe new owner will generally "purchase" the leases on the property. The new owner "stands in the shoes" of the old owner. You have the same obligations to the new owner as the old.

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Answered on 2/06/03, 2:01 pm


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