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Franklinton, LA | It is very common for retailers to have long term leases for space in shopping centers and malls. Shopping centers and malls are often sold but the new property owners must honor the terms of the existing leases. The quality of the existing leases often has a big impact on the value of the property. In some states the new property owners will not be required to honor a lease unless it is recorded into the public records. | |
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