Rental Agreement - Out Clause

5 Replies

I'm in procession of a tax sale property and have a potential renter.  I'm in the process of creating a rental agreement lease.  I'm under the understanding I need to include a "Out" clause in case the owner redeem the property.

I know sure what the clause should say. 

"Landlord may cancel this lease on 30 days written notice without penalty or liability in the event the property is redeemed."

@Syrica Brown, do you want a lease to use for tenants when you purchase a tax sale property, or do you want a lease with an option with you sell a tax sale property to someone else?