s g
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yes he can transfer lease also in favour of the buyer..unless lease agreement forbids him to do so! |
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ted.stryker
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Yes...and the new owner must honor your current lease...after that, they can change it... |
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A.Mercer
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Yep, it is legal unless there is something in the lease that says the landlord cannot sell the house. I doubt that is there though. The house can be sold and you may have to deal with potential buyers wanting to see the place and then with home inspectors checking the place out as well. This will not be too much different than having the landlord or his agents come over to do maintenance or when he has pest control come over to spray the place.
You would also have to deal with the same problem if the owner went bankrupt and the bank took over the house thru foreclosure. |
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Gracie
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Always check the lease first. If there is a section about selling the home from undreneath you, than you're kind of screwed. But I doubt it would state that. I would definitely raise heck about it, fortunately for you landlord/tennant laws almost always side with the tennant. So double check your lease, and also state laws. GOOD LUCK! |
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pseudogodj
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If he owns the home, then he can legally do whatever he wants. He can sell the property, but the people who are buying the property have to honor your lease with him. However, if they want you out at the end of it, then can move you out. |
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foxychick
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He can put it up for sale alright, its his house. If he's only after puttin it on the market now, it probably wont sell for a few months anyway. He cant put you out if lease isnt up but he's obviously not goin to renew it. If it did happen to sell before lease was up, he would have to wait for the sale to close until then.
*edit* the agent sellin the house or the owner will have to ring you to ask you if its ok to show the house, they have to give notice. But they will anyway cos they'll want to sell it & they'll want ye to have it tidy. |
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allgiggles1984
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i doubt it, a soliciter would know! ask in the Laws section. u prob made an agreement and it sisgned right? why os he going back on his word? |
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proudpreemieparents
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He can do any upkeep, to include selling, without your knowledge at any time. It's his house!
As for the lease....the new owner will have to carry it out until it expires. |
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orange moon
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It all depends on what state you live in. In GA, the landlord can sell the property and the buyer will have to honor your lease. Unless you entered into a lease/option agreement, where you would have first right to buy should the owner decide to sell, the landlord has violated no law. Your rent will remain the same with the new owner until your lease expires. Alot of investors look for property to buy that is already occuppied by a tenant. It is less legwork for them to have to secure a tenant to pay the mortgage. In your case, they wouldn't have to worry about it since you are already in place. Potential buyers will have to honor your privacy and the owner should make that clear in the listing. Cooperate with your landlord since you never know why he is selling. Some tenants make it very difficult and do not allow potential buyers to view the property or make it hard for them to. If your landlord is facing financial difficulty, it is best for him to sell rather than letting the property foreclose. If that happens, you will have to find another place to live, even if your lease is still in place. You do have rights, so don't forget that. Talk with a real estate attorney should you feel your rights have been violated. |
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Tim
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Yes they can sell it. No the new owner does not have to honor the lease.
It is possible that the new owner can place a stipulation that the home be delivered vacant, or the current lease broken.
You'll have to read your lease to see what remedy the current landlord will need to pay you to get you out of the lease. They will be breaking the lease, not you.
Kind of sucks, doesn't it? |
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AM Don
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I don't know! |
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crazyguyintx
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Read your lease contract. He probably has a right to sell the house and a right to show it to prospective buyers at reasonable times. However, it doesn't mean you have to move out. You probably have until the end of your lease before the new owner can make you move out. It just depends on what your lease contract says. |
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happyhive7
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unfortunately yes,ther are loop holes a landlord can go through to do thes sort of things. He may stae that you werent keeping up with the home as well as he liked,or having late payments or finding to many things messed up things in the home that required expensive repair costs. Or just cuz he's being an ***. If you have been doing your part in making payments, keeping the house neat,including the landscaping and interior of the home then you can contact the better business bureau and complain. He has to give you a months notice, before he decides to sell, in written form,that is notarized.If he fails to do so you can stay till march,when your lease is up. Unless he has proof of unsanitary or awful upkeep of the home and irresponsible payments every month then yes he can do what he likes,but if your innocent of any wrong doing what so ever then you can fight this guy trying to kick you out. |
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go_dawgs_cece
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In your lease, did your landlord inform you or is it written in your lease that he could sell the house or put it up for sale while you were still living there and honoring your lease? I'm not a lawyer, but I know there are laws in reference to your problem. I feel for you b/c I would be very upset too. You have rights b/c you signed a lease..whatever is written in the lease, the landlord has to honor, as well as you have to honor the lease. Good luck, God Bless. |
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polkyj7710
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If you signed a lease he can't make you leave unless you have broken the rules. He might just be putting it on the market for now and putting the sale date on it for April.If it is in your Contract that he may enter while you are not there you can't do anything. Renting can be a pain. I understand. I rented for 5 years and had to move 6 times so I hope you find somone good next time. |
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dianaparisian
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Yes, he can sell it. He owns it. They usually sell it with the lease attached for the time you are in it and the buyer must honor that lease. Or, they can offer to buy you out. You need to consult your lease or a RE attorney in your area.... Tenants have rights regardless of the owner and he can't just displace you without some notice!
Oh, and in most states, they cannot show the property to sell it without some notification to you, the tenant, for you to either be there or be able to put your personal items away.... |
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minootoo
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See a lawyer.
1. He can sell it yes but he must a bide my renter's right.
2. He may have few clauses put in the lease about inspection, in that case you have little choice but to let them inspect.
3. Read your lease very care fully and calmly, then make note and evaluate the situation. Your rights are Superior to new owners rights, but if it is a month to month lease, then you can find something and move out or when the buyer is found the present owner will give you a notice or new owner may or may not give you a notice, if it is an invester.
Do not rush, housing market is very slow now all over. |
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DOG B
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I believe that he can, but he has to sell it as an occupied property, don't worry too much the market is dead and viewers are few and far between, I should know my has has been on the market for months and not a single viewer! |
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dallaslibra
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Legally, the tenent has to give you 30 days, but yes he can sell it. |
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Ian W
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It depends on the country or state you live in.
In most circumstances a landlord has the right to dispose of a property (sell it) at any time. In most countries at the time of property transfer your lease will become automatically null and void, though this can be over ridden by state law. It's normal practice to give you notice of impending sale and it's a good idea to start looking for a new place to live incase the new owners decide they want to live in the property. |
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Perplexed
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Sure it is. He can sell it whenever he wants to. The new owners will have to honor the balance of your lease, and you may even like them more that the present owner.
If you want to avoid issues like you expressed, the only thing to do is buy your own home. Other than that, the property owner can basically do what he wants to sell the property. |
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♥ HeNnEsSy ™
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I have a friend going through the same situation. I have heard they can do whatever they want if they own it. Good luck!! |
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Victoria78
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Yes, your landlord can put the property up for sale but the new owner must accept the current lease term and condition. As far as people coming in and out of your rental property, they should be in contact with you before they swing by to look at the property. Your landlord should add this comment on the listing. |
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MW
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Yes. Your contract has to be honored by the knew honor until it expires. At that time, they can raise the price of rent, lower, or pretty much do whatever they want. But until your lease or contract is up, they cant mess with you. Unless your having parties and being a nuisance to the other tenants. |
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karen w
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yes, they must give you 30 days notice that they are breakin the lease. |
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nisha l
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read your lease contract if need be contact your solicitor who drawed up your contract in the first place |
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allen555
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You have a legal contract for one year. Go to your local authority and complain about the landlord. If he is registered they will keep him in place. Or the CAB for more advice. |
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