*Jessy*
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If you have a contract, read it thoroughly. You may want to take the document over to a lawyer to make sure; but if you signed a lease and there are no provisions for this type of situation, you could have the right to demand him to honor his word, or at least compensate you for breaking it. Take the contract to a lawyer to maker sure of what your rights are and how you can proceed. Good luck! |
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Amanda H
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The new owner is requried to honor your lease. It transfers with the ownership of the rental. Those who think that your agreement is only with the current owner are wrong.
I had a contract on a house once with renters and the listing agent failed to mention that they had a lease. I had an inspection done-- $400-- and then I come to find out they expect me to own the thing for 6 months before I can live in it.
Can you say NO THANK YOU? |
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Patti T
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you better consult an attorney |
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♥just me♥
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I believe that they have to honor the agreement. Check with an attorney though. But you should be fine there are renters rights. Best of luck. |
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teran_realtor
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I don't know what's in your lease, nor do I know the laws of your state. In Texas, you'd still have your lease.
Many houses are sold from one investor to another. The leases in effect at the time of closing go with the property. The new owner CANNOT change the terms - time, price, etc. |
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peaches
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Don't worry. The Lease you signed is "binding" on behalf of the new buyer. The only way to get you out is to make you an offer. If that occurs, send out another "Question" - I'll help you. But you don't need to worry. When your landlord placed the house for sale, the Real Estate Agent will have put that in the Agreement. Any prospective buyers - in most cases - will be looking for an "income" property. Sit tight, enjoy your new place. Bottom line, if a purchaser doesn't want a tenant, he will either pay out your lease or Honor your lease. The only way you will Ever have to move is, the OWNER and only the OWNER notifies you that he requires the dwelling for his "immediate" family, and that means exactly that! If I were you, I would talk to the landlord, ask for your money back, and first and last on a new apartment and including moving costs. See how that JOLTS HIM! You do have a case - "deception/misrepresentation"- for he may have already been in the process of selling, and did not disclose that to you. Good Luck! |
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Mark H
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Yes. Yes. And no.
You have all the rights as a tenant under NY state laws. Once you sign a lease, any new owner in the future will have to honor the lease agreement. The only change for you is when you write the chech for rent, it's under a different name.
When the old landlord sales his property, he also sale the lease to the new owner. If the new landlord don't want you to be there, he is screwed. This question can easily be answered by a tennant attorney. |
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bess
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You should read your lease and see what it says about terminating the contract early by either party.
Here in NC they have information about renter's rights. Look up Renter's Rights on the web. |
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kearneyconsulting
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In many states the contract will continue to the end of the lease. Please contact an attorney for accurate advice in NY. |
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zocko
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i always thought the lease outlived the owner. |
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puma1ky
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yes he does- all that should change is who you make the check to. at least in cali thats how it works. |
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Everyman
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The lease goes with the house. I bought a home that had renters and I had to honor the months left on their lease. Check with a lawyer if the new owner won't honor it. |
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kingstubborn
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New owner buys the property and the lease. |
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Someone
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As long as you have a legal document between the two of you, it must be honored until the end date, or until a condition in the lease allows you or him to terminate early. Read the lease very carefully, if it says something to the effect that he can sell and kick you out, then you are screwed, if not, you can stay.
However, if you resist your landlord like this, he's likely going to make your living there miserable, so you might just want to move... |
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Krista K
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You have to read the lease, usually there is a provision that states the whether the lease is super ceded by the selling of the property. depending on how the landlord markets the property as either an investment property or as a single family home will make a huge difference on the situation.
Good luck. |
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fact checker
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you have the rights stated in your lease ( did you read it ? )
IF NOT in the lease ( in section that covers unusability of property due to .... )
the new owner has no requirements placed on him but you have the right to sue for loss of use ( of course you would have to win and do so by spending less than you save - not gonna happen ) |
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DevilishSian
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Normaly they have to give you 6 months notice,so you can look for other place,but the landlord has the right to do what ever he wants. |
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glw
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you are screwed. |
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humanbludger
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the owner has a right to break the lease. you better start looking for a new place. bummer. |
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kja63
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Your contract is with owner #1. Once he sells to owner #2, the new owner can renegotiate (ie: raise rent) or evict since he never entered into a contract with you.
Your recourse would be if the contract you signed with owner #1 guarantees the right of perpetuity throughout the 2 years lease. This means that the contract remains for 2 years regardless of who owns the building. Read the terms of your contract. |
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crash
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You're $hit out of luck. |
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