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."
Thanks for responding Denise!
@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?
@Denise Evans a lease to use for tenants when you purchase a tax sale property.