Want to buy business from 2nd owner, I ask to view his lease, found out first owner name still on the lease contract, he said he did not renew the lease.... landlord, leasing agent(CBRE) and first owner, second owner all agreed not to change lease.
Is it legal? It seems more advantagous for new owner.
If I take over the business become 3rd owner, should I do the same not to change lease? remain first owner's name?
What is your suggestion?