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Re: Applicability of Existing Lease to New Landlord

Posted by satori on March 04, 1999 at 15:17:14:

In Reply to: Applicability of Existing Lease to New Landlord posted by Jason Rambo on March 04, 1999 at 00:12:26:

I would not worry about it, but, you have every right to put your own clause
in the lease. such as "the new oner will be responsible for the past
landlords lease and / or rental agreements between tenant and landlord, and the lease is fully
agreeded upon when the new owner signs the lease. Nolo has sample leases
you can use at http://nolo.com. Or why not if he won't amend the lease have
him sign a simple note that you or he writes and signs and notorized signature. That states that the
new landlord will be held accountable for any past rental agreements with you?
Don't worry about typing it in his lease handwriting is fine as along
as you and he initial and date any handwritten amendments.

: Within a few days, I expect to sign a new lease. I also know that my
: landlord has been trying to sell the property. People have told me that, even
: if he should sell the place at some point down the road, the new landlord
: would be bound by the terms of the lease.

: Does this seem right to all of you, at least as far as NYC law is concerned?

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