notify the landlord before the LOI?

by an intermediary from San Francisco State University

1 year ago

Hey y'all. 
thanks for your thoughts on this. 
Buyer is asking for notification to the landlord about the potential sale and terms of the new lease before sending the LOI. is this common? What if the buyer falls through and the Seller ends up not selling? 

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professional from University of Southern California - Marshall School of Business

Just in case anyone missed it: I've seen MANY worthwhile deals crater because of landlords. Get expert insights about disclosure, timing, etc.

6 months ago | like reply | 0 likes

intermediary from York University

Post LOI and closer to Purchase agreement stage

6 months ago | like reply | 0 likes

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