um...if you moved into a place and you signed a lease but then the apartment was later sold to someone new ?

Question

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 lease or something?????? and do they have the right to throw you out a year later without notice

Answer 1

Nope. Your lease remains valid for the full term as agreed. The new owner MUST abide by the terms of the lease; he doesn't have a choice in the matter.

You COULD mutually agree to void the old lease and replace it with a new one -- or just void it and move -- but that MUST be by mutual agreement between you and the new landlord.

They CAN require you to leave at the end of the lease term. However they CANNOT do that without proper notice. Your lease will stipulate what happens at the end of the lease term and how much notice is required of either party to either end the tenancy, renew the lease, raise the rent, convert to month-to-month or whatever. If the lease doesn't stipulate what notice is required, state or local law will apply. That's normally 30 days but varies from as little as 15 days to as much as 60 in a few jurisdictions.

Answer 2

No, the prior lease controls (UNLESS the lease contains a clause that states that it is subject to any future sale of the property). If the building was sold subject to the existing tenancies, meaning leases and rental agreements, then these tenancies are unaffected in their present form until their agreements expire. In this case a new owner has to abide by the terms and conditions of the existing leases until they expire.

Answer 3

Does your lease say anything about this situation? It might have covered the topic of "if the building is sold." At a minimum, you have until the end of the lease.

Answer 4

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Answer 5

"ask" the new owners their intentions.