jerdan95
|
most likely, new owner new leases |
|
jude2918
|
Yes if the lawyers worded it right. The new company may still ask you to sign a new lease. The old company has obligations to you but they are now off the lot. |
|
flyfisher
|
I got a new landlord 6mo ago and didn't have to sign a new lease. |
|
Someone with a free answer
 |
I would go on the assumption that your lease is a binding contract for both parties--landlord and tenant--and that changes to ownership or management do not obigate you to modify your existing agreement. If the new management tells you otherwise, I would seek out a housing authority or attorney (inexpensive or free consultation) and ask them before I did anything that put my existing lease at risk. You may need a letter from an attorney if the management persists, and that could cost you a little bit, but it is essentially a form letter and won't set you back too much.
Good luck. Hopefully you can resolve any issue with a friendly conversation or two. |
|
realistic human
|
the new company should honor your old lease... if they don't, or if they try to change it on you, then contact an attorney |
|
Christian
|
No, you should be able to keep the contract you already have. |
|
Joe K
 |
Typically your contract is still valid at the discretion of the owner of the apartment. If the owner decides to change management companies, he has a clause in his contract with the management company that states that they do not own the leases but instead are representative of the owner. |
|
symbawyo69
|
no you do not have to sign a new lease. |
|
Jenn in Florida
|
I work in a law firm and have encountered this several times on my own in the past. I depends on what your old lease says. Most of them state that they can be changed at any time without notice and if they sell you will have to go with the terms of the new company. |
|
Goose&Tonic
|
It should just transfer. They may ask you to sign something saying that you understand management has switched hands and that you understand their policies. Other than that, I believe they have to honor your current lease. |
|
adjimax2000
|
no way keep the old one the have to transfer from the old to the new. |
|
catnap
 |
You might have to sign so they know who you are. The lease should stay the same. |
|
Britters
|
What if your old management company filed for bankruptcy never transferred security deposits to the new company, and you never received a new lease when the original was up? We had a new management company take over our apartments and we never got a new lease from them when our old one filed for bankruptcy. We've been sending this new company a check every month for our rent, but they don't have our security deposit from when we moved in because the other idiot spent it on court payments. With out a current contract will they be able to charge us for anything when we move out as far as any possible damages or the lack of cleaning we intend on doing because we won't get our security deposit back anyway? |
|
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
