Category Archives: Companies and Commercial

4 Essential Tips for Buying or Selling a Business in Leased Premises

If you are buying or selling a business that leases premises, the Lessor (Landlord) must approve the Purchaser before they agree to assign the lease over to them.  The landlord’s mortgagee may also need to give approval. As well as, lessors of any key equipment being sold with the business. The Landlord (and other parties) also want to be reasonably satisfied the […]