Re: Apartment Building Sold... Forcing to Sign New Lease?

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On 5/26/06, Joe Doherty wrote:
> About 6 months ago our Apartment Building was sold new a
> new management company. We had moved in 2 years ago and
> signed a 1 year lease/rental agreement that stated: "The
> renewal of this lease is not automatic and tenancy beyond
> the term hereof shall be on a month-to-month basis under
> the terms and conditions of this lease. The term of this
> lease may be shortened in the event the premises are sold
> if the new owner provides Lessee at least 60 days notice
> of termination of tenancy." So we have been on month-to-
> month tenancy for almost a year. Now the new company says
> we have to sign a new lease with them. Do I have to sign a
> new lease with them? If not what can they do if I don't? I
> live in Wisconsin by the way if it makes a difference.

No, you don't HAVE to sign. However, if you refuse to sign,
they will most likely serve notice to evict. New owners, new
rules.