What happens if the lessor of a property facing bankruptcy agrees with the creditors and the bankrupt party to sell the property before the lease expires?
General Chapter
Al-Mughni
Book of Pledges (Collateral)
Primary text
If the lessor, the creditors, and the bankrupt party agree to sell the rented property before the lease term concludes, the sale is permissible, and the property must be sold while still under lease. If they disagree on the timing of the sale, the preference is given to the party demanding immediate sale, as immediate action is considered more prudent than delay. Once the lessee has extracted their full benefit, the property is then transferred to the buyer.