most likely, new owner new leases
2006-07-28 04:12:12
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answer #1
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answered by jerdan95 3
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I would go on the assumption that your lease is a binding contract for both parties--landlord and tenant--and that changes to ownership or management do not obigate you to modify your existing agreement. If the new management tells you otherwise, I would seek out a housing authority or attorney (inexpensive or free consultation) and ask them before I did anything that put my existing lease at risk. You may need a letter from an attorney if the management persists, and that could cost you a little bit, but it is essentially a form letter and won't set you back too much.
Good luck. Hopefully you can resolve any issue with a friendly conversation or two.
2006-07-28 04:19:06
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answer #2
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answered by Someone with a free answer 3
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Yes if the lawyers worded it right. The new company may still ask you to sign a new lease. The old company has obligations to you but they are now off the lot.
2006-07-28 04:15:02
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answer #3
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answered by jude2918 3
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Typically your contract is still valid at the discretion of the owner of the apartment. If the owner decides to change management companies, he has a clause in his contract with the management company that states that they do not own the leases but instead are representative of the owner.
2006-07-28 04:14:24
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answer #4
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answered by Joe K 6
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I work in a law firm and have encountered this several times on my own in the past. I depends on what your old lease says. Most of them state that they can be changed at any time without notice and if they sell you will have to go with the terms of the new company.
2006-07-28 04:14:31
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answer #5
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answered by ? 3
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No, of direction no longer. The lease became no longer finalized, and as a result you probably did no longer sign for a particular unit. they do no longer look to be in breach of settlement. i'm advantageous you think of that's some large thank you to "screw somebody" over in spite of what you're saying on the subject of the administration. you're already proving your self to be a discomfort, so do no longer anticipate them to need to artwork with you too plenty. that's strictly why maximum apartments do no longer want to lease to college scholars and those that do would desire to be style of hard nosed approximately it. the two settle for the unit that's obtainable or do no longer sign the lease and detect a place someplace else.
2016-10-01 04:37:26
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answer #6
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answered by ? 3
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It should just transfer. They may ask you to sign something saying that you understand management has switched hands and that you understand their policies. Other than that, I believe they have to honor your current lease.
2006-07-28 04:14:25
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answer #7
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answered by Goose&Tonic 6
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You might have to sign so they know who you are. The lease should stay the same.
2006-07-28 04:14:45
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answer #8
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answered by catnap 4
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the new company should honor your old lease... if they don't, or if they try to change it on you, then contact an attorney
2006-07-28 04:12:32
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answer #9
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answered by Anonymous
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I got a new landlord 6mo ago and didn't have to sign a new lease.
2006-07-28 04:13:56
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answer #10
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answered by flyfisher 2
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