A: It is highly unusual that your partnership agreement does not address this issue. If there is no agreement to the contrary, then subject to very limited exceptions, a partner can assign its partnership interest.
A: Unless the landlord failed to maintain the property or failed to abide by other terms of the lease, the tenant cannot normally terminate a lease early. I would need to review the lease.
Tom
A: You have several alternatives. Did your original title policy insure against liens? If so, I can work with the title company to have the lien removed. Second, if the lien is old, it may have already expired and can be removed as a matter of law. Third, there are procedures in every state to remove a lien if the lienholder cannot be located. Finally, we may be able to have the title insurance company insure over the lien. Tom
