Answered 4 years ago|
You have the right to continue your lease: when a landlord sells a property that is being leased out, in whole or in part, the purchase buys it subject to the lease(s). The buyer in essence becomes your new landlord, under the same terms as the old landlord (i.e the lease is still in effect). There is no way to sell the property without your lease still applying unless (1) you agree to terminante the lease (the old landlord or new could offer you something in exchange for you agreeing to terminate the lease); or (2) there was something in the lease itself stating that it terminated on sale of the home, or allowing either buyer or seller to terminate at their option.
The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you go to AttorneyPages.com
and retain an attorney to represent you.