If we are currently leasing in a house until next year bit our landlord wants to sell the house, what happens with our lease if he does?
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If we are currently leasing in a house until next year bit our landlord wants to sell the house, what happens with our lease if he does?
Asked on July 30, 2012 under Real Estate Law, Oklahoma
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
Under the laws of all states in this country, if you as the tenant of a home that is being marketed for sale have a long term lease for it and the home is sold with time remaining on the lease, the new owner takes the unit subject to your lease remaining in effect and running its course.
You are entitled to remain in the unit subject to you not being in breach of your lease.
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