Posted by dave on March 09, 2001 at 21:04:01:
In Reply to: Sale of house posted by SK on March 09, 2001 at 20:43:05:
As long as you have a signed lease, and there is no fine print that says the lease is terminated upon sale of the house , then your lease AND security deposit gets transfered to the new owner at the closing.
IF either one of them wants you out before the lease ends, then they will have to pay you to move....All of your secuirty, moving expenses, new fees, and at least one months free rent, what ever you can hustle them for....and make sure its in writing and the give you at least 1/2 preferably 2/3 up front in a bank certified check NO personal checks, and the rest when you hand over the keys
YOU have the upper hand if the landlord MUST have the place empty for the sale to go through.
: we have a one year lease we just signed in february. We just found out that the owner wants to put the house for sale in May, What are my rights?>
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