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All Forum Posts by: Vincent C.

Vincent C. has started 7 posts and replied 21 times.

General Landlording & Rental Properties

Post: HUD / Section 8 lease - termination for new ownership?

Vincent C.Posted
  • Posts 21
  • Votes 3

I am working with a wholesaler on a property that is under market value in Allegheny county, Pennsylvania. The house is currently rented out to a section 8 tenant, with an HUD contract. The lease expired in February of this year, and is currently month to month.

Is it legal to give a 30-day notice to vacate due to new ownership? I want to make sure because if not, I would not want to purchase the property and have no desire to do section 8 housing. I want to make sure I'm not doing anything illegal. In the lease, it does say the lease can be terminated for economic or business reasons, such as sale / new ownership...

What's the best way of handling this? Would the previous owner be able to start the process as a condition of the sale?

0 Votes