Legal Q&A: If I sell rental, can I break lease so the new owner can move in?
Question: We have a one-year lease with a tenant that will expire in four months. If we sell the house now, and the buyer wants to move in, would we be able to break the lease?
Answer: The buyer “steps into the shoes” of the seller and the lease is binding upon the new owner.
Question: I served a three-day notice on my tenants, and they paid $300 of the $1,050 that was due. Do I have to serve another three-day notice to start the eviction? Should I have accepted payment?
Recent Legal Q&A posts:
- Legal Q&A: Tenant won’t allow prospective buyer into unit
- Legal Q&A: Tenant died with three months left on lease
- Legal Q&A: Does selling a property terminate existing leases?
- Legal Q&A: Can tenant legally break lease for job change?
- Legal Q&A: Tenant may have falsified application
- Legal Q&A: Tenant ‘races’ car in parking area
- Legal Q&A: Tenant won’t pay rent until he gets 3-day notice
- Legal Q&A: Tenant wouldn’t accept 30-day notice
- Legal Q&A: Dog constantly barking, scaring residents
- Legal Q&A: Evicted tenant keeps returning, causing problems