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Learning and Burning

Extending an agreement with the seller

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Hello All,

Wondering the best way to extend a lease with option to buy agreement with seller. Original tenants of two years moved out all good. One year left on our original agreement and seller has agreed to extend another three years. So do i draw up a new agreement and some how get credits from monies paid, or draw up something just extending original terms? Only change is three ore years added to the term.

 

Mike

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