Updated almost 9 years ago on . Most recent reply
Commercial property offer with lease contingency
Has anyone had experience with making offers on commercial property with the contingency to find a lessee before purchase is required?
The situation is I have an interested party in leasing a commercial building for sale. I am wanting to make an offer stating I will buy this property only if the said interested party agree to an X-month lease term. How do I word this to protect me from having the owner go after the interested party I already have on my side? The interested party would not sign an exclusive representation agreement with me.