WORLD Law Direct Forums  





Go Back   WORLD Law Direct Forums > Real Estate & Property Law > Landlord vs Tenant Issues
REGISTER FAQ SEARCH Today's Posts Mark Forums Read
Personal Lawyer Legal Forms Calendar

Landlord vs Tenant Issues Landlord and tenant issues, including rent, leases, non-payment, eviction, holdovers, summary proceedings, etc.

Can Landlord terminate lease?

Consult Your Own Personal Lawyer Now!
Reply
AddThis Feed Button
 
Thread Tools Search this Thread Rate Thread Display Modes
Old Sep 29th, 2008, 05:12 PM     #1
Amanda and Kelly
 
Amanda and Kelly's Avatar
 
Posts: n/a

Confused Can Landlord terminate lease?

Hello all!

We moved into this home at the beginning of the month. Our Landlord has already called us telling us that she want's to sell her home. We signed a 1yr lease. Can she do this? And what can we get compensated for if we have to move after just moving in! Or her wanting to show the house, we are living in with all our belongings?

Anyone?

Thanks!
  Reply With Quote
Old Sep 30th, 2008, 08:52 AM     #2
Unregistered
 
Unregistered's Avatar
 
Posts: n/a

Default Re: Can Landlord terminate lease?

Why would you need to move? A lease survives a sale. It merely transfers to the new owner. You would just get a new LL under the same terms and conditions as the original lease. You would not need to sign a new lease. Only a foreclosure terminates a lease. Since the lease survives a sale intact, there is no restriction on the LL's ability to sell the property. You have nothing to worry about. You can stay until the lease ends.

As for the inconvenince of the showings, you may be worried about nothing. Many houses are on the market right now. Few are even being shown. The market is so bad and lenders aren't giving mortgages except to the rare excellent credit score. Not many people want to buy a tenant occupied house. The house across the street from me has been on the market for 2 months now. There hasn't been even one showing of it yet. You may have few inconveniences from this. Does your lease state that you will cooperate with showings to prosepctive new tenants or purchasers? My personal suggestion is that you do cooperate. A new owner will have to honor your lease. If the owner cannot sell it and it goes to foreclosure, the lease will not survive. If that happens, you would have no choice but to move.

It is common to be worried about showings in your house. Just keep the house reasonably clean and put your valuables away when the showings occur. Let the LL know that you need 24 hours prior notice before a showing so you can "get the house in shape". This will encourage her to give prior notice. Insist that the agent or owner always accompany buyers through the house. And ask that no lock box be placed on the property. Good luck.
  Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Add Forum to Google Toolbar | Format Your Messages

Posting Rules

Similar Threads
Thread Thread Starter Forum Replies Last Post
Help with landlord lease boltsinkinc Landlord vs Tenant Issues 4 Sep 5th, 2008 10:49 AM
Landlord backs out of lease day after lease is effective Unregistered Landlord vs Tenant Issues 5 Sep 2nd, 2008 07:40 AM
Terminate Lease Agreement jray Other Real Estate Law Matters 1 Apr 29th, 2008 05:45 PM
Terminate lease before move in Unregistered Landlord vs Tenant Issues 1 Dec 18th, 2006 11:42 PM
Wanting to Terminate Lease Unregistered Landlord vs Tenant Issues 1 Nov 27th, 2006 05:52 PM


All times are GMT -5. The time now is 11:11 PM.


Powered by U.S. Legal Forms

Subscribe

Use of the Forums is subject to our Disclaimer which prohibits unapproved advertisements, solicitations or other commercial messages, and false, harassing or abusive statements. All postings reflect the views of the author but become the property of WORLD Law Direct.

Questions and information submitted in the Forums are assumed inquiries for general information and not legal advice.

Copyright 2000-2008 by WORLDLawDirect.com, Inc.