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House Is For Sale |
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If I rent a house that has reduced rent because it is on the market for sale, what will happen when someone buys it? Will I have to move out? Will the rent increase? I'm only 23 so I want to know what I am getting into. |
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If you have a lease, it will be binding on the next owner of the property. More likely, you are a month-to-month tenant. In that case, the present owner, or the next one, simply owes you proper notice to leave. In many areas, that's a full month's notice from before the first of the month (or whenever your rent is due.) |
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Edith
Originally published on November 18, 2007 |
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