Compliant with Lease, Can New Owners Evict Me? (Clark: sale, 2015)

[Quippy]

I moved into my present place on June 1, and I signed a one-year lease effective until June 1, 2015. The present owner is selling the house, which is a big house in Oak Lane broken up into apartments and rooms for rent. There is the possibility that new owners will want to convert the house to a single family unit. Since I have a lease that doesn't expire until June 2015, am I safe from the new owners evicting me before then? I am compliant with all conditions in the lease, and I am a good tenant.

[campion]

You should repost this on the renting forum. You're more likely to get answers there. My understanding is that they can't kick you out, but that they may try to buy you out (offer you cash for keys). You should be safe from an eviction unless you stop paying rent or break the lease terms!

[Clark Park]

I'm not a lawyer, so I cannot answer your question with absolute certainty.

I do know that when I purchased my own home, there were tenants living in the house and just renewed their one year lease. I had to wait a year before I could move in.

[North Beach Person]

Generally speaking, when someone takes over a leased property any current leases run for the term of that lease.

[I_Like_Spam]

Your lease will give you the answer.


When I was shopping for my home, I looked at a property that was occupied by tenants and was assured by the agent that the tenants could be put out in 60 days after the property closed.

[Swdhtut]

It depends on what the lease says. Look for a clause that says the landlord can break the lease as long as the tenant is given x days notice. If the tenant doesn't move he can start the eviction process.

[newmarlig]

Originally Posted by Clark Park

I'm not a lawyer, so I cannot answer your question with absolute certainty.

I do know that when I purchased my own home, there were tenants living in the house and just renewed their one year lease. I had to wait a year before I could move in.

The same thing happened to me when I bought my condo. The unit was rented and I had to wait almost a year before I signed the papers and moved in.

[kimrocktherealtor]

Definitely review your lease. if there is no clause to evict a tenant if a sale occurs, then you are legally allowed to stay as the lease transfers with the property. If your landlord wrote a clause in saying if it's sold they give you X amount of days to vacate, then you could be in trouble.