We have a tenant under lease with us through May 2008. Within our lease is the following clause:

36. TERMINATION IN EVENT OF SALE. It is expressly agreed that Landlord, at its option, may terminate this Lease upon 30 days prior written notice to Tenant in the event of a sale of the building containing the Premises.

The tenant originally wanted to buy the property, but financially cannot. Can we terminate the lease in the event of a sale, given this clause? (FYI - we specifically discussed this clause when she signed the lease).

Thanks!

If you sell the building.