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Brylee Pritchett
on Nov 10, 2024

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Because a tenancy is primarily contractual and so does not "run with the land," it will not bind a purchaser of a building.

Primarily Contractual

Pertaining mainly to agreements made between parties that are enforceable by law.

Run With The Land

Legal principle indicating that certain rights and obligations attached to a piece of land transfer with the property from one owner to the next.

Purchaser

A person or organization that purchases products or services.

  • Identify the rights and obligations of parties in mortgage and lease agreements.
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Aislinn VenturaNov 17, 2024
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