The Easement – Most lease buyout companies prefer to obtain an easement on the Property to secure their interests in the lease and their right to sublease space within the easement in the future. The… Read More »What is the difference between an easement and an assignment?
Many property owners seek our counsel on whether to pursue an easement or an assignment. First, not all lease buyout companies will agree to an assignment. So if you have accepted an offer from a… Read More »Why should I care about the difference between an easement and an assignment?
How would I know? In most cases, you don’t. When a landowner gets multiple offers for the same lease(s) at roughly the same amount, they often have to make the difficult choice between the offers… Read More »One company told me that their easement is better than the other company’s easement?
Each of the lease buyout companies uses their own form of purchase agreement. Some companies require an easement while others will accept a simpler assignment of rents. The form used will determine what interest is… Read More »What am I actually giving up when I sell an easement or assign my lease?
When you sell your lease (via easement or assignment), any subsequent buyers of the property take the property subject to that easement or assignment. This means that future buyers of your property will have to… Read More »How does the sale of an easement or lease impact the future sale of the property?