All Topics / Help Needed! / Working between 2 lease options.

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  • Profile photo of SimvegasSimvegas
    Member
    @simvegas
    Join Date: 2007
    Post Count: 1
    February 19, 2007 - 6:27 am

    Looking to start in the world of positive cashflow investments with some lease options.
    Was wondering though how you go between your buyer exercising their option and you then yourself exercising your option with the vendor in a neat and tidy fashion. (assuming you don’t yourself own the property but have a lease option yourself with the vendor)

    Is there a set procedure for this?

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    February 19, 2007 - 3:07 pm

    You might be able to just reassign your option to the end person, or do a simultaneous settlement.

    Terryw
    Discover Home Loans
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    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
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    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    February 20, 2007 - 1:37 am

    You might be able to just reassign your option to the end person, or do a simultaneous settlement.

    Terryw
    Discover Home Loans
    [email protected]
    Send an email to get my newsletter.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 3 posts - 1 through 3 (of 3 total)

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