Saturday, October 18, 2014

Im renting the bulding the owner past awey and now his sons selling the place . What are mine rights. Is my lese still valuable?

Question

Im renting the bulding the owner past awey and now his sons selling the place . What are mine rights. Is my lese still valuable?



Answer

Your rights as a tenant do not change with a change in the ownership of the building; the new owners take the building subject to any contracts or liens that were in effect as to the prior owner.



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