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Question: Commercial Lease?
still in effect? - 3 (100%)
void re: tax sale? - 0 (0%)
Total Voters: 3

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Author Topic: Commercial Lease  (Read 2476 times)
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richvg
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« on: November 08, 2013, 09:09:50 AM »

Greetings all, 1st timer on here.
Looking at a commercial property with a tenant (lease details I do not know)
Is this lease still in effect after successful tax sale?
I know on a residential Power of Sale by a Bank, the Buyer must assume Tenant, as the Residential Tenancies Act supercedes the Mortgage Act.
Thanks for your help.
Cheers,
RichVG
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