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Can a New Landlord Terminate Your Lease Early to Convert to Low Income Housing

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  • 08-27-2015, 08:28 PM
    jk
    Re: New Ownership = Eviction
    it says the new owners take over the leases of the old owner. I see nothing that allows them to terminate your lease but...



    there is still a concern with this:

    Quote:

    They are not arguing that they purchased the premises in May. I'm saying they did because I remember getting a notice on my door about a new owner in May.
    they may not be arguing they purchased the premises in May but they are arguing they do not have to abide by your existing lease. Since your lease was signed after May, (presuming that is the month it was purchased) unless the former owner was retained to act as property manager and did continue to have the authority of a landlord, your lease may not be valid.

    so you really need to get the timeline settled and then you need to figure out whether your old landlord had the authority to enter into a lease with you in June if your lease was in fact signed after the date the property changed hands.


    Quote:

    However, it does say "released from all obligations" and to "look solely to the then owner of the community"
    the first statement is in reference to releasing the old owner from all obligations and the second statement is simply telling where to look for who is to address your issues.
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