Cell Buyout

by js
(ca)

The rental stream offer (ROFR) language in my lease states that if I receive a bona fide offer from a third party (I have) seeking an assignment or transfer of rent payments that I have to give the tenant 20 days to match.

Since the buyout company is offering to buy a perpetual easement on my property and not a rent assignment, then this clause does not apply?

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Nov 20, 2014
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Don't risk a lawsuit
by: Tower Genius

If you are considering an offer then you should notify the Lessee. Would the lease buyout company buy a perpetual easement from you if the rent payments did not transfer over (aka assign over) to them?

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