The apartments where i live was recently sold and the new owners are trying to raise the rent but i have lease already.

Asked over 2 years ago - San Jacinto, CA

the apartments where i rent was recently sold and the new owners are raising the rent and are trying to get all of us tenants to sign new leases when we already have leases from the previous owner. i would appreciate any info you have on this matter... thank you

Attorney answers (3)

  1. Tara Renee Burd

    Contributor Level 5


    Lawyers agree

    Best Answer
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    Answered . My colleagues are correct. Ultimately, your issue comes down to the terms of your lease. If you're in a fixed term, it is less likely the new landlord will be able to increase your rent. However, at the expiration of a fixed term, many leases allow landlords to raise the rent as long as the landlord provides adequate notice to the tenant (such as 60 days notice).

    This reply is provided for information purposes only and does not represent legal advice or an attorney-client... more
  2. Frank Wei-Hong Chen

    Contributor Level 20


    Lawyers agree

    Answered . Was the apartment building voluntarily sold, or was it sold in a foreclosure sale?

    Take a look at your lease. In most instances. the new owner must honor the existing lease agreement, and cannot arbitrarily increase the rent or change any of the terms of the lease that is still in effect.

    Frank W. Chen has been licensed to practice law in California since 1988. The information presented here is... more
  3. Dave Bahr

    Contributor Level 16


    Lawyer agrees

    Answered . A lease is a contract and its terms are legally enforceable. It terms cannot be altered until it expires. A landlord cannot force a renter with a valid lease to sign a new one. That would appear to be the reason that your landlord is "trying" to get you to sign a new one. Good luck.

    I have been licensed to practice in the State of Oregon since 1990. I am not offering legal advice regarding your... more

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