lease buyout

by Dave

Got screwed on a lease. 50 year lease.....4600 a year to start goes up 15% every 5 years.

They want to "buy out" a fraction of what the total cost would be over the 50 years.

They took advantage of an elderly man.

Any advice?

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Aug 11, 2014
Who was that???
by: Anonymous

That sucks. But that is what happens. Today there are places like Tower Genius. When I was contacted in 1988, these guys or anyone like them were not available.

I lost out too. But the lease is up in less that 3 years. My turn will come.

Sorry to hear it. Piss them off and don't ever sell.

Aug 11, 2014
Well, you can't shoot them legally.
by: Steve with Tower Genius

Sorry to hear that. I wished you had called prior to taking that deal.

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