Landlord is selling the property to we have any rights to stay there once the new owner takes over?
Our landlord is looking to sell the property before we have even opened and I am worried that the new owner will kick us out. Do we have any protection if a deal goes through?
[{"id": "ccpih30", "text": "If you have a lease, then yes, you have a right to stay...assuming there is no clause in the contract which would nullify it in the event of a sale. If you don't have a lease, or your lease is expiring soon, then you have no guarantee.", "replies": [], "depth": 1}, {"id": "ccpjhot", "text": "The new buyer is inheriting your lease and all that is in it. If he wants you out he might try to make a deal for you to leave (pay you in cash) but if you don't want to go, you can stay as long as your lease allows. This includes all renewals.", "replies": [], "depth": 1}, {"id": "ccpkmwp", "text": "Have they asked you for an SNDA?\n", "replies": [], "depth": 1}, {"id": "ccrbf0e", "text": "Once the buyer owns the house, he inherits the original lease. Check your original lease. Your answer lies there. ", "replies": [{"id": "ccsbovr", "text": "This is the right answer. Check your lease language to see if there is a termination/buy out upon sale clause.", "replies": [], "depth": 2}], "depth": 1}, {"id": "cd093jb", "text": "check your lease if there is nothing mentioning right of termination on sale or transferrence then it means nothing to you.\n", "replies": [], "depth": 1}]