Question about Lease Renewal after Sale of Property by Former Landlord
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[{"id": "ee3aqoi", "text": "The lease goes with the property and the new landlords must honor it, provided you could legally lease it in the first place. Illegal leases are not enforceable. ", "replies": [], "depth": 1}, {"id": "ee3ieo9", "text": "The long and short is that if the landlord wants to use the entire property for themselves following the expiration of your lease, there's really nothing you can do. If they bought it as an investment, and you fit in with their long term goals for the property, then they may renew you. It's all dependent on what they want the property for.", "replies": [{"id": "ee3lr96", "text": "Should mentioned this important piece: Hope for an investor, not a user. ", "replies": [], "depth": 2}], "depth": 1}, {"id": "ee3lnk0", "text": "There is really no rule of thumb to answer this question. You occupy the least desirable space in the basement, which should work for you. Working against you is the fact that you use the backyard, which could be an eyesore for someone in a different category of business. The buyer will know whether they want a lessee controlling the backyard or not, and they will know it before they close.  ", "replies": [], "depth": 1}]