I am 5 months into my 12 month lease and my apartment building is being sold. Can I?
…break my lease when the sale of the apartment goes through or must I stay here until my lease from the old owner is up?
I live in Pennsylvania, if that makes a difference.
Quick House Sale
Related articles:
- being evicted from my apartment lease is a month to month they have sold the property entitled to compensation We are being evicted from our apartment due to the fact that the property has been sold, are we entitled to any sort of compensation such as moving expenses...
- Is it true that if your apartment building is sold that the new landlord can evict you? …for any old reason after your lease is up? This is to say that the tenents residing there are not part of the new owners plans. PennsylvaniaQuick House Sale...
- My apartment was sold & I have not heard from the new landlord. I now have 2 months in rent to pay.what now? My lease was up on April 1st. So I have no lease and no one in the building has heard from the new guy or has paid any rent...
- um.if you moved into a place and you signed a lease but then the apartment was later sold to someone new ? um…if you moved into a place and you signed a lease but then the apartment was later sold to someone new shouldn’t they have made you sign a new...
- If my aparment complex was sold to another company, can I get out of my Lease now legally? My Apartment complex was just sold to another company. Can I now break or gt out of my lease since I am no longer have a lease with this...
8 Responses to “I am 5 months into my 12 month lease and my apartment building is being sold. Can I?”
Leave a Comment
You must be logged in to post a comment.
September 10th, 2009 at 9:53 pm
the lease will transfer to the new owner…
September 12th, 2009 at 5:55 pm
No, you cannot break your lease. The lease will survive the sale. The new owner will become your landlord. All terms of the lease will remain in full force and effect.
September 13th, 2009 at 3:20 pm
you have to read your lease thoroughly. if you cannot understand it, or if there is no clause pertaining to your question, i would call legal aid ASAP. you need to know your rights regarding this issue.
September 15th, 2009 at 5:39 pm
You would need to read you contract but most likely you will have to wait to the end of your lease as it will have been transfered tot he new owner……if you realy want out of it it may be worth a try talking to the new owners you never know
September 19th, 2009 at 2:48 am
it depends on if they offer it.
September 21st, 2009 at 11:00 pm
You may have to stay there, since you do have a lease. The lease usually transfers to the new owners. You could speak with the new owners and see if they will let you out of the lease. I have property and we are in the process of selling it and we have 7 tenants on our property and all of their leases are being transferred to the new owners.
As I stated check with your new landlord, maybe they will let you out of the lease.
September 23rd, 2009 at 1:44 pm
Sometimes a new owner wishes to raise rent and such and will jump at the chance to get you out early. However, the new owner buys all the rights of the old owner, including the right to receive rent from you. I would contact the new owner and tell them that you are willing to move early if they will pay your moving expenses. They might go for it, they might try to negotiate down and they might say they want you to stay. You won’t know until you try.
September 26th, 2009 at 2:27 am
depends on new owner if they even want to continue your lease. They may let you continue your lease till your lease is up and then not renew you. But if they agree to carry your lease from pervious owner then why try to break it. Just stay there and when your about 10 months there is you think they wont renew your lease then look for a new place. It depends on what kind of agreement was made when the new owner bought the place and what there plans are.