What are the rights of a commercial tenant when the building is being sold and the new landlord wants the tenant out? There is no lease with the current owners and rent is current. Does the new landlord have to evict the tenant. How much time does the tenant have to move?
Real Estate Attorney
If you don't have a lease and you are paying monthly, you essentially have a month to month tenancy, which may be terminated by either party upon 30 days notice.