Asset deal – buyer not bound by preferential lease rights

Real Estate & Construction

Dr. Martin Foerster, ILO-Newsletter vom 23.1.2015

By law, the buyer of a property automatically enters into existing lease agreements on behalf of the seller. However, the Supreme Court recently rendered a judgment stating that this does not necessarily apply to all clauses contained in a lease agreement, thereby redefining the scope of this provision.


Dr. Martin Foerster

LL.M. (LONDON) Partner