there is a property going up for foreclosure with a billboard on it. if i do buy the lot from foreclosure, does the existing land lease agreement stay in place? my title company did not find any recorded lease agreements running with the property. can i force the billboard owner to renogotiate a new lease? do all permits from all municipalities and DOT transfer to me? if not, i would like to have them take down their sign so i can erect my own billboard. please advise/ any thoughts?