Posted by isaac on March 09, 1999 at 09:51:01:
In Reply to: Re: Can new landlord kick me out? posted by Mark Smith on March 09, 1999 at 08:14:10:
Mark is right: if your apt. is in NY State, and it is rent-stabilized/rent-controlled, then the same DHCR rules and regulations would apply, no matter who the owner is.
If the apartment is not regulated, then you are protected for the life of the lease only.
This is true of ALL non-regulated apartments: the owner (present or future) does not have to renew any leases.
If your apartment is rent controlled or rent stabilized, you are protected against eviction, except in very rare cases where the bank that forecloses has been in financial trouble and the federal government has become involved. If the apartment is not rent regulated, your lease probably provides that it is subject to an existing mortgage and you might be subject to eviction. But don't move just because the new landlord tells you to get out. Organize, possibly hire a lawyer, and negotiate with the landlord.
: The old landlord should have turned over the security deposits to the mortgagee or to the new landlord, but this could become a real problem if that didn't happen.
: : My landlord just lost his building in foreclosure. The NEW landlord is a real
: : estate company that wants to sell the building vacant and has asked all
: : tenants to move out.
: : I signed a two-year lease with my original landlord. Does the new landlord
: : have the right to kick me out or does my original lease still apply. What
: : about my deposit? Who's responsible for returning my deposit if I do move out?
: : My old or new landlord?
: : Any help would be greatly appreciated. I just moved into my place in Sept 98
: : and the thought of having to move again is unbearable.
: : Thanks in advance!
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