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Re: Oral Agreement to renew lease

Posted by Fred Lappert on June 21, 1998 at 00:00:54:

In Reply to: Oral Agreement to renew lease posted by Manute on June 17, 1998 at 12:32:39:

: I've done a little bit of research, and NY law says that an oral lease for
: not greater than 1 year is valid, so I think that we have a lease for an
: additional year, correct?

Sounds good, but will he deny you made the agreement? Generally,
the owner can change the lease terms and I don't think you can
prohibit him from selling, but then again, he can't force you
out (and the new owner can't force you out) while a lease is in
effect, so that's why he's going back on the agreement. Forget about
prohibiting him from selling; he wants to deliver an empty unit and
will have problems selling if your term would carry over. So go to
the lengths to protect the term of the agreement.



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