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Ep. 155 | Ferd Niemann on How and When to Use a Master Lease with Option to Purchase

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Today, we discuss what a Master Lease is and how and when you can use this for purchase. 

Master Lease is a controlling lease that gives the lessee the right to control and sublease the property during the lease. The lessee has equitable title to the property while the owner retains the legal title. It is commonly used in commercial real estate deals.

When you want to purchase intermediate amounts of space and want to obtain maximum flexibility without being bound by long-term commitments, then you surely should consider using a master lease.

 

Highlights of the episode:

00:00:31 Podcast Intro

00:01:45 What Is a Master Lease

00:04:11 General Pros of a Master Lease

00:07:22 Tenant Buyer

00:10:35 Property Management Agreement

00:15:08 Operational Control 

00:17:25 Closing

 

Connecting with MHP Law:   

Website: https://themobilehomelawyer.com/

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LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/

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The MHP Lawyer Podcast 2022

Copyright 2009-2022 Ferd Niemann. All Rights Reserved. This Guide/Podcast/Website is intended for information purposes and is not to be considered by the reader as business, legal, tax or other advice. We are fortunate to have many clients give us positive feedback about working with us. We have included some of their Testimonials in this Guide/Podcast/Website or on our website. Please keep in mind that the success of any business or legal matter depends on the unique circumstances of each matter. We do not guarantee particular results for future clients based on the successes we have achieved in the past. Please also note the descriptions of attorney practice areas contained in this Guide/Podcast/Website are for illustration, as the actual scope of practice for any attorney can vary greatly. The description of attorney practice areas contained in this Guide/Podcast/Website (and the designation as a Mobile Home Park Lawyer) does not mean any agency or board has certified such attorney as a specialist or expert; specifically, neither the Supreme Court of Missouri nor the Missouri Bar reviews or approves certifying organizations or specialist designations. The choice of a lawyer is an important decision and should not be based solely upon advertisements. See www.themobilehomelawyer.com Disclaimer and Legal Notice page for additional important information. (Rev. 8-20-20)