Posted: 8/9/2006 9:16:44 AM EDT
| What if a buddy leases me a couple acres of his land, and I get a business loan to buld a building for my business, and I build it on this leased land. If my business goes bankrupt, how does the bank repossess the building? Would my buddy be liable too, in other words, the land he owns and leased to me be subject to repossession or whatever? Is he risking his land? |