The owner can sell a house under a lease, but the buyer must either honor the terms of the lease or make an offer to get the tenant to break the lease.
No, your rights are determined by the terms of your lease. You need to check your lease to see what your rights are. For example, you would not be allowed to sell the house, since you do not own it.
You can sublet only if lease allows.
YES! It happened to me. Generally unless stated on your lease, the new owners must respect your lease until the term is up then you can sign a new one with them.
The 1941 Lend-Lease Act enabled the president to sell or lease arms to any nation critical to national defense.
If its your brothers house and you never had a lease then it shouldn't be either since its not your house and he has no contact with you. All your brother has to do is call the police and have you removed from his property. You have no legal rights to be there since there was never a contract and the house is not under your name. This is assuming you are not a minor.
In some states, the lease survives the sale; in others, it does not. Regardless, the landlord certainly has the right to sell.
[Debit] Asset Under finance lease xxxx [Credit] Liability Under finance lease xxxx
"Lease to own", Is when you lease a house with the intention to buy it for a discounted price after the lease is over.
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.
the Lend-Lease Act
Prudential Fox and Roach is a realtors business that helps users sell a house or lease a rental. Their website can be used to sell a house, find an agent to help in buying a house, and search available houses being sold through Prudential Fox and Roach.
Yes, it is possible to sell your house to a company and continue living there through a sale-leaseback arrangement. In this scenario, you would sell the property to the company and then sign a lease agreement to continue living in the house as a tenant. This allows you to access the equity in your home while still maintaining residency.