In a land lease with a existing building,who normally handles the expense of removing the building

In Leasing Property - Asked by Hayward c. - Nov 30, 2010
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Answer(s)

Michael J.
Fort Lauderdale, FL

Unless the lease requires the tenant to demolish or raise the property at the end of the lease term, the building will be the property and responsibility of the landlord.

Nov 30, 2010
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Bruce K.
Corporate Investor
Riverside, CA

Usually a lease requires the tenant to leave the property in the same condition in which he received it. So, unless the lease specifically requires the tenant to remove the building, you should leave it in good condition at the end of the lease,

Nov 30, 2010
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larry t.
Owner/Investor
Graham, WA

If you are the leasee and you want the building removed?? You had better get permission, in writing, from the leasor to remove the building because the Leasor owns the building attached to the property!
If you do get permission, expect to pay for the removal yourself unless you can convince the Leasor that it would benefit him.
Thanks and write anytime to my Blog, Larry

Dec 2, 2010
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Harry T.
Broker/Agent
West Hollywood, CA

It all depends on legal language and what is stated on existing lease if one already exists and you are taking over... If new Lease, again it will depend on the structure and deal points of new lease that will determine who will be responsible for what... If Landlord is satisfied with rent they would tear down building at own cost or in some cases Landlord would provide you with value of property and you can structure a reverse built to suit deal...

Dec 15, 2010
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