16 June 2007 by TerrenceMC Hi Has anyone renewed a lease on a leaseback property? What's the process when you have just 1 year left on your lease I'd be interested in hearing their story. Thanks Comments Permalink 19 June 2007 by jaward Hi I would also like to know if anyone has renewed or exited a lease at the end of the first lease period. I would think that you would have to give a least 1 year to exit(if they would let you)and presumably they would contact you to effect a renewal. I have heard it said that the management can only charge you one years rent if you deny renewal.
Permalink 19 June 2007 by jaward Hi I would also like to know if anyone has renewed or exited a lease at the end of the first lease period. I would think that you would have to give a least 1 year to exit(if they would let you)and presumably they would contact you to effect a renewal. I have heard it said that the management can only charge you one years rent if you deny renewal.
Comments
19 June 2007 by jaward
Hi
I would also like to know if anyone has renewed or exited a lease at the end of the first lease period.
I would think that you would have to give a least 1 year to exit(if they would let you)and presumably they would contact you to effect a renewal.
I have heard it said that the management can only charge you one
years rent if you deny renewal.