WIFE, MUST BE ABOVE REPROACH. 720 P.2D 718."
IT IS MY BELIEF THAT A RENEWAL OR NEW LEASE EXECUTED AFTER THE EXPIRATION OF THE CURRENT LEASE, WITH YOUR GRANDCHILDREN LEASING THIS BUILDING TO NORTHEASTERN UNIVERSITY, WOULD NOT CONSTITUTE A TECHNICAL VIOLATION OF THE STATUTES AND CONSTITUTIONAL PROVISIONS DISCUSSED ABOVE. HOWEVER, YOU AND YOUR WIFE WOULD HAVE TO UNEQUIVOCALLY SEVER ALL OF YOUR OWNERSHIP INTEREST IN THIS BUILDING BEFORE YOUR GRANDCHILDREN LEASE THIS BUILDING TO NORTHEASTERN UNIVERSITY.
IN THE FINAL ANALYSIS YOU MUST DECIDE WHETHER IT WOULD APPEAR IMPROPER TO SIMPLY TRANSFER TITLE TO A CLOSE FAMILY RELATIVE AND CONTINUE THE LEASE. IT MAY APPEAR THAT YOUR GRANDCHILDREN ARE RECEIVING STATE FUNDS SIMPLY BECAUSE OF THEIR RELATIONSHIP TO A STATE LEGISLATOR.
IT IS THEREFORE, MY OPINION, BASED ON THE FACTS WHICH YOU HAVE PRESENTED, THAT THE CURRENT LEASE AGREEMENT ENTERED INTO BETWEEN YOU AND NORTHEASTERN UNIVERSITY IS PERMISSIBLE. ANY RENEWAL OF THIS LEASE BY YOU WOULD NOT BE LAWFUL. HOWEVER, ASSUMING YOU AND YOUR WIFE SEVER ALL OF YOUR OWNERSHIP INTERESTS BEFORE ANY LEASE IS EXECUTED BETWEEN YOUR GRANDCHILDREN AND NORTHEASTERN UNIVERSITY, ANY LEASE BETWEEN NORTHEASTERN AND YOUR GRANDCHILDREN WOULD NOT BE INAPPROPRIATE.
(THOMAS C. RIESEN)