If you’re considering purchasing a property with a post-closing lease, be aware that there are potential pitfalls. Inconsistent default provisions between the lease and purchase contract can make it challenging to determine appropriate remedies. For example, it’s important to understand the seller’s plans as a tenant or equitable owner, which impacts the timeline for regaining possession of the property. Tailoring the purchase agreement is crucial, rather than relying on standard contracts. I help my clients avoid these situations by using trusted real estate attorneys that can ensure you don’t get caught in hot water. Read local attorney’s Amanda Kison with Bently, Goodrich, Kison explanation by Clicking Here.
Over 4 years, I’ve been a multi-million-dollar top producer with topnotch marketing, sales, and—above all else—a vast network and resources to achieve your real estate goals. I am a second generation Sarasotan and I love this city! I have since learned the intricacies of each neighborhood, each having its own unique and interesting history. Real estate is my true passion and I have built lasting relationships with many happy and satisfied clients. Let me be your local expert and help guide you through the market and process I know best. Let’s get on a call if you or someone you know is interested, my direct line is 941-284-0283.