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Dealership Leasebacks with Automotive Buy Sell Report

The Lease Exit Condition Assessment (LECA) is a specialized report designed to protect both the landlord and tenant by capturing the condition of a building before and/or after a tenant takes occupancy. In this column for Automotive Buy Sell Report, due diligence expert Duncan Douglas explains how a LECA works and how it can help automotive dealers understand the condition of their property, anticipate repairs to building systems and facilitate smoother negotiations between lessor and lessee.

Read the full article here.