The house I rent is for sale, and is listed as commercial property, how would it's sale affect my lease? - commercial lease for sale
We have just recently signed our lease for a period of 1 year from 1 August 06, shortly after our landlord sold the property. Our property is zoned commercial and that's why I did it. If someone else to buy as a potential owner of the house when our lease?
Saturday, January 23, 2010
Commercial Lease For Sale The House I Rent Is For Sale, And Is Listed As Commercial Property, How Would It's Sale Affect My Lease?
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4 comments:
If the property is sold, the lease is invalid. The leases and contracts can be broken and the consequences under the law in your area. It appears that you have a conversation with the owner for what he would come to mind. You should receive compensation and direct negotiations, which could only sounds smart. In the rental of certain areas most likely to wait for the summer, maybe, and see what happens, is not the best thing to do.
Start looking for a new place, open only to see their options as soon as the new owners closed, what do they do what they want and can. These include expulsion.
Start looking for a new place, open only to see their options as soon as the new owners closed, what do they do what they want and can. These include expulsion.
I do not know what state you are in, but to me that the contract must be honored by the soil and potential buyers should be aware that you will join the residents for the following years of the agreement. Any new owner, and you can, if you accept it, a new contract, but could not purchase property and sell it.
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