Hi,
i'm a little confused on how commercial lease security deposits work. i'm about to buy a small office block and am wondering if i need to ensure that in the contract of sale i add a clause which requires the existing security deposit to be transferred from the old owner to me as the new owner.
Thanks,
T.
i'm a little confused on how commercial lease security deposits work. i'm about to buy a small office block and am wondering if i need to ensure that in the contract of sale i add a clause which requires the existing security deposit to be transferred from the old owner to me as the new owner.
Thanks,
T.