Anderson2002
New Member
My jurisdiction is: Wisconsin, USA
In 1994 we purchased a home in Wisconsin; the purchase included a 'life lease' for the individual who was residing in the home at the time of the purchase (we do not live in Wisconsin; we live in Washington State).
We have been approached by a commercial business to purchase the home; what are our obligations of the 'life lease'? If we sell the home in Wisconsin what are the steps we need to take to satisfy the 'life lease'?
In 1994 we purchased a home in Wisconsin; the purchase included a 'life lease' for the individual who was residing in the home at the time of the purchase (we do not live in Wisconsin; we live in Washington State).
We have been approached by a commercial business to purchase the home; what are our obligations of the 'life lease'? If we sell the home in Wisconsin what are the steps we need to take to satisfy the 'life lease'?