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Updated about 5 years ago on . Most recent reply

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Jeremy Shanks
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Need to find a place to rent! Landlord pulling a slick one on us!

Jeremy Shanks
Posted

Our landlord told us yesterday (mom and I) that the property owner wants to sell it soon. After Thanksgiving people will be touring the home to see if they want to buy it.

Landlord says the owner can break the lease when he pleases. This worries me.

I would like some help from good hearted and well knowledgeable landlords or owners that can help us find a new home.

Our location is Valrico Florida.

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Michael Seeker
  • Investor
  • Louisville and Memphis, TN
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Michael Seeker
  • Investor
  • Louisville and Memphis, TN
Replied

@Jeremy Shanks - you may want to consult a lawyer (as it may take a letter from one to shut this down).  I don't know laws in your locale, but have never heard of anywhere that doesn't require a lease to be honored even if ownership changes.  The only scenario I know of where the landlord can terminate a lease without cause is if it is their personal residence (i.e. if you are the landlords roommate).  I would suggest reading your lease to see what (if anything) it states about what occurs upon sale and when the landlord can terminate early.  Bottom line is that there is a very low likelihood that they can legitimately kick you out.

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