My landlord took the house off of the market when I started leasing the house. I signed a 1 year lease agreement. Now out of nowhere he came to me and says, "I have a lady that wants to buy the house and if she buys the house she is not going to lease it. She would like to live in it!" Is this legal? Can nothing be done? I signed a 1 year lease with the intentions of being there for 1 year, now if he sells this house can he just kick me out? (we are only 4months into our lease)
I live in memphis tennesse
2006-12-14 06:52:46 · 8 answers · asked by Jason 1 in Home & Garden ➔ Other - Home & Garden
The new landlord assumes the lease, and may not renew it at the end of the period.
2006-12-14 06:55:13 · answer #1 · answered by Anonymous · 0⤊ 0⤋
She becomes your new landlord. You have a lease (legal right) to live there until the lease expires. Read your lease to make certain there isn't a clause stating that if he sells it you must leave.
If you like, get him to buy you out of your lease. Otherwise, don't stress over it. Meet the real estate agent and inform him or her of your lease and intent to stay. If that doesn't work then go to the title company and inform them that you have a lease and legal right to remain.
FYI: A lease is very different from a monthly rental agreement. Make certain you actually have a lease to the property and not a monthly rental agreement with the price fixed for the first year.
2006-12-14 06:54:18 · answer #2 · answered by Plasmapuppy 7 · 2⤊ 0⤋
No, the lease is a binding agreement between you and the landlord. He agreed to lease it for a year and you agreed to stay there for a year.
He can do nothing until the lease is up unless there is some sort of "escape clause" in the lease or you do something to violate the terms.
2006-12-14 06:57:15 · answer #3 · answered by Anonymous · 1⤊ 0⤋
Some leases have what is known as a 30 day clause. It allows either party to cancel the lease with just 30 days notice to the other.
2006-12-14 07:02:56 · answer #4 · answered by ezachowski 6 · 1⤊ 0⤋
go see a criminal specialist. Contracts aren't to any extent further meant to be damaged on the whim of between the signers and that is what your landlord is making an attempt to do. he's asking you to cooperate and hoping you'll help him out by using no longer battling it. no matter if it really is a valid employ and he did no longer have any verbiage in there permitting him to promote the living house if you're in position of living then he wouldn't have a criminal leg to face on. this is as a lot as you to work out how demanding ball you opt to play this. perchance a compromise may be made. also, you've been there 4 months, it ought to take some months to close on the promoting of the living house, that leaves you 6 months to take care of. perchance you ought to listen from the female herself that she will be able to no longer make it easier to end your employ. She will be afraid you'll harm the position or there'll be upkeep she'll ought to pay for before she strikes in. and word if he has a written provide to purchase from the female. He will be assuming she's a intense potential client at the same time as all she's had is casual conversations with him. yet a criminal specialist may be functional you narrow back by using each of the clutter and be sure the remember. Your employ may even make provisions for who will pay for criminal expenditures in the remember of disputes. it ought to call for arbitration. there is lots to contemplate....and also you ought to make your innovations up if in the right this is fairly properly absolutely worth the pressure and the prospect of alienating the owner.
2016-10-18 07:18:38 · answer #5 · answered by ? 4 · 0⤊ 1⤋
first and foremost, read your contract/lease-rental agreement!
If you have a sale clause within, you have to move, but only in a timely fashion.
Otherwise, the new purchaser is on the hook to you for the duration of the LEASE.; and you must be out on the final day or HOLDOVER charges can apply, and they can get it if they go to Court
2006-12-14 12:20:08 · answer #6 · answered by ticketoride04 5 · 1⤊ 0⤋
read the fine print in the lease papers, then check with your local bar association, atty generals office, if you have a valid contract, the landlord has to abide by it unless theres other language that you agreed to, in any case, you`ll need a lawyer
2006-12-14 07:04:58 · answer #7 · answered by robert r 6 · 0⤊ 0⤋
read your lease very carefully. HE may have put something in there giving him this right. Read it over carefully.
2006-12-14 06:55:15 · answer #8 · answered by Farah G 3 · 2⤊ 0⤋