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Sale of business

While a motel sale does not require a legal due diligence investigation, they can include:-

  • issues with figures and renegotiations;
  • legal due diligence questions and answers from the purchaser;
  • issues with valuation and finance;
  • issues with clauses of the lease and extensions of term;
  • assignment of any chain or franchise agreements;
  • the landlord trying to unreasonably (or even reasonably) withhold consent to the assignment of the lease; and
  • dealing with any right of entry document required by the buyer.

All of these aspects and issues need to be managed correctly

Expert motel lawyers

Amy  O’Donnell

Amy O’Donnell

Associate Director

Management Rights
Motels