No. A lease is a legally binding contract that runs with a property, regardless of who owns the property. Unless there was a provision in the lease that specifically gave the landlord the right to break the lease upon sale of the property, you can compel the landlord and the new owner of the property to honor your lease.
If you find that either the previous or new owner of the property is refusing to honor your lease, contact a landlord-tenant law attorney. A listing is available in your local phone book.
A landlord can sell a house that is being rented. The landlord is just required to give the tenant notice before showing the house and notice before a closing date
Yes, if the new landlord wants the tenant out for a good reason, such as because he wants to move into the property.
No.
In some states, the lease survives the sale; in others, it does not. Regardless, the landlord certainly has the right to sell.
It is recommended to contact the Landlord Protection Agency if you live in Houston and plan to sell your house and rent it back. This organization has contact details for many landlord associations which will be able to help you in that matter on a professional level.
Yes, if you know longer want a house, examine the landlord sign near the front door.
I'm no lawyer but... In some locations there are laws that provide a landlord the ability to terminate a lease due to sale. It probably has to be an "arm's length" sale, e.g not to his wife or brother.
Most insurance companies that sell homeowners and renter's insurance also sell landlord insurance. Some companies where someone could purchase landlord insurance include Allstate, MetLife, and Progressive.
Legally - no. It's not yours to sell. Leasing is basically a version of renting, and you don't sell stuff on that you've rented either.
Not in most states.
Yes.
If the landlord wants to sell the rental property, the tenant has different rights depending on what state the property is in. Usually, a landlord has to give 60 days notice for an intent to sell. Then, it is up to the landlord whether or not the property can be occupied by the tenant until the sale date. If there is a lease, the landlord usually cannot sell the property until the lease is up, but all states have different rules regarding occupancy.
The following insurance companies sell Landlord insurance policies and can be contacted by calling them for a quote. Among some popular choice Allstate, Metlife, Liberty Mutual all have this product.
My landlord is evicting me for no reason from my Condo i am renting for 12 years because he wants to sell the Condo is this legal in New York , can i go to court and fight against the landlords decision? My landlord is evicting me for no reason from my house i am renting because he wants to sell the house is this legal in california can i go to court and fight against the landlords decision?SAVE CANCELalready exists.Would you like to merge this question into it?MERGE CANCELalready exists as an alternate of this question.Would you like to make it the primary and merge this question into it?MERGE CANCELexists and is an alternate of .Merge this question into Split and merge into itSAVE CANCELClicking submit will send an email notification to the asker of this question.Answer this question…Answer this question…Submit
This is your decision. Usually when you buy a council flat, it still belongs to your landlord but you can sell it at any time to whoever you wish. It may be better to buy a house that is free and clear.