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Ratings. Guidance. The Right Lawyer.
If I have a year residential lease, and 4 months into the lease the building is sold, can the new owner tear up the lease?
Norwich, CT
Viewed 28 times.
Posted about 1 month ago in Landlord / Tenant
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I have a yearly residential lease and pay $ 700 a month rent. If the owner of my building sells the building with about 8 months remaining on my yearly lease, can the new owner tear up my current lease and offer a new lease at a higher monthly rent even though I have 8 months remaining on my yearly lease ?
Answers (1)
Daniel Harris Miller
This attorney is licensed in Connecticut.
Posted 30 days ago.
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No, your current lease runs with the actual property. Just because your landlord sold the business does not mean the new owner can evict you. He is required to recognize your lease as a matter of law.
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