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Lease Subordination Agreement New Mexico Form

Lease Subordination Agreement New Mexico Form

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if you have your property in the land trust or limited liability company the question is who should the lease be with between your tenant should it be with you or with the entity the thing is is that if you have your property in an entity like an LLC or a land trust you want to make the lease agreement between that entity and the Tenant you do not want yourself to be on the lease now if you're already on the lease let's say that you had the property in your own name and you're leasing it to an individual and then you transfer your property into the LLC or the land trust what should you do there notify the tenant that going forwards the property is held by this trust or this limited liability company and all future payments are to be made to that entity so you just send them out a letter notifying them that and then when that tenant moves out and you bring a new tenant in that's when you'll start putting the new tenant on the lease with your busin

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