Lease Option Question

If I have a lease on a property and add an option to buy does that give me the right to to assign the option even if the lease says you can not unless it is in writing?

Also with the lease option are you able to sub-lease it to new tennant buyer after you have an option?

Does anyone have any good lease option contracts to use?

Thanks for any help.

Comments(2)

  • td3rd August, 2003

    It is all in what the contract says that you signed. If sub-lease and assignments are things you want to do, then make sure they are included in the docs BEFORE you sign....

    Prosperous investing,
    td

  • lildell4th August, 2003

    you must follow the contract

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