the Property to someone wanting to build . WHAT HAPPENS TO THE TENTANTS??
2007-12-03 16:42:41 · 3 answers · asked by Brandon 3 in Business & Finance ➔ Renting & Real Estate
Contracts are between the original owner and the tenants, and not the new owner - when the ownership of the property changes hands, the policies can and often do change - including whether the property will be rented out at all. There is no guarantee that the new owner will decide to continue renting. If he does, often their is a cleaning house - in which sub-performing renters are shown the door.
2007-12-03 18:00:59 · answer #1 · answered by Christopher B 6 · 0⤊ 0⤋
If you have a lease, then you are OK until the end of the time of the lease. Otherwise he can evict you on thirty or sixty day notice. (California). If you are in a rent control area you may be able to fight the eviction or at least get some moving expense money from the landlord.
2007-12-04 03:42:56 · answer #2 · answered by peter n 3 · 0⤊ 0⤋
Your lease is still good but when it is up it won't be renewed. You will find a new place to rent or go buy your own home.
2007-12-04 00:55:08 · answer #3 · answered by shipwreck 7 · 0⤊ 0⤋