real estate






 

Question by  Bryan21 (15)

Is a new owner who purchased a property that is leased subject to the terms of the lease?

The house I am leasing has been purchased by someone else and they are trying to change the terms of the existing lease.

 
+6

Answer by  tamarawilhite (17883)

This depends on the state where you live and the terms of sale. In most states, you must have at least 30 days notice of either lease changes or eviction.

 
+5

Answer by  jtalone (105)

Yes - the new owner is subject to the terms of the lease until a new agreement is reached. Consult a lawyer if you are still unsure.

 
+5

Answer by  albsab (68)

If your lease has a quiet enjoyment/non-disturbance clause, and you are not in default, new ownership cannot change your lease terms.

 
+5

Answer by  krpmuffitt (223)

Generally a new owner is subject to the leases that existed at the time of the purchase. Check your lease carefully to see if it addresses the situation.

 
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