friend of mine is renting a house they sign a lease now the house was sold and a new landlord has taken over and whants to change the agreement is it legal or no??
2006-10-27 06:39:05 · 6 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
in a word, yes. A new property owner is not bound by the old owners lease. The new owner may wish to live there himself or just tear it down and make a parking lot or strip mall. The exception would be if that was covered in the lease, and no sane property owner/landlord would consider putting that in a lease.
2006-10-27 06:42:46 · answer #1 · answered by Michael 5 · 0⤊ 0⤋
This is probably legal. In the last year this has happened to me as well. A new landlord purchased the townhome I was living in and we signed a new lease for the remainder of the term with the new landlord. It was not a huge deal for us, since the new landlord was willing to accept the terms that the old lease had implied for the remiander of our lease. For us, it just meant we wrote our rent check to someone else.
I would at least try to contact the new landlord and see if they can get the same terms (agreement) they had with the old landlord. I would have to think if no new agreement can be reached, the terms of the old agreement would apply. They might want to contact someone who is an expert in this type of law to get the full details of what needs to be done.
2006-10-27 06:48:25 · answer #2 · answered by msi_cord 7 · 0⤊ 0⤋
The original contract/lease is between your friend and the previous landlord. The new one had nothing to whith that agreement and is not legally bound to it.
The new landlord can change the agreement but your friend has the option to move now without breaking a lease if he/she doesn't like the new terms.
2006-10-27 07:08:53 · answer #3 · answered by Loli M 5 · 0⤊ 0⤋
See if there is a subordination, atornment, non-disturbance clause in the lease. Without one, generally the tenant retains the right until the lease expires. To subordinate the tenant's interest to the new landlord and have the tenant's payments now go to the new landlord (atornment), the tenant is given a nondisturbance guarantee which says the lease won't be changed.
2006-10-27 06:43:03 · answer #4 · answered by Brand X 6 · 1⤊ 0⤋
Depends on the state/province, but it's pure contract law.
The new landlord could change the agreement, but your friend doesn't have to agree to those terms (likewise, if not in agreeance, then they would have to move out of the house)
It may be possible to seek compensation from the old landlord for forfeiture of contract, but check the lease for termination clauses.
2006-10-27 06:51:44 · answer #5 · answered by p_rutherford2003 5 · 0⤊ 0⤋
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2006-10-27 07:57:00 · answer #6 · answered by Anonymous · 0⤊ 0⤋