Re: apartment being sold

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On 7/21/06, sharwinston wrote:
> Well... what you were told means NOTHING. The written agreement
> governs.
>
> Apparently, you do not understand what happens when one property
> owner sells to another.
>
> Read your lease. It would be highy unusual for the sale of the
> building to automatically terminate a lease. Often times in
> situations like this, the contract contains language that if the
> owner sells, the new owner has all the right and obligations of
> the old owner: Thus, an ***assignment*** of the old owner's
> rights to the new owner.
>
> READ YOUR LEASE!
>
> On 7/21/06, Kirsten wrote:
>> On 7/19/06, sharwinston wrote:
>>> Read your lease. Look for a section that discusses
>>> "Assignments." It is common for a lease to provide that the
>>> Lessor may assign his/her rights in the event the property is
>>> sold.
>>>
>>> What do you mean it "breaks the lease?" What on earth are you
>>> talking about?
>>>
>>> On 7/19/06, Kirsten wrote:
>>>> Our apartment is being sold and we have 11 months left on
>>>> our 24 month lease. Since this breaks the lease with our
>>>> old landlord are we obligated to fulfill the remaining 11
>>>> months or can we give a 30 day notice to move to our new
>>>> landlord. And then who has to return our security
>>>> deposit? Can the old landlord sell our lease? Are we
>>>> obligated to comply with it if it was sold? We live in
>>>> Ohio.
>>
>> I mean that we will have no contract with the previous owner
>> when the building is sold. There are no assignments in the
>> lease. There is no language in the lease about transfer of
>> property. I was told by the housing authority that his
>> selling "breaks the lease" --their language, not mine.

LOL do you think I HAVEN'T read the lease? All that is on it is
owner's name, tenants' names, rent to be paid, and what utilities
are paid. Gonna tell me to read it again???? Good grief. Oh, and
by the way, I have talked to a REAL attorney who assures me that
there is no binding agreement with the new owners and ourselves.
Guess you get what you pay for on here...free "advice". Take my
advice everyone and pay the $100 to talk to a professional.