Landlord sold building, kicked us out, do I get my security deposit back?
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[{"id": "gj0qcp8", "text": "&gt; As the building was sold to new owners \"as-is\" I have read online that the original owners would owe us our security deposit back since they would not be subleasing our space (as it has now been sold) and that our security deposit should be returned to us.\n\nThe security deposit should transfer from old owner to new owner upon sale of the building. Selling the building \"as is\" doesn't mean anything.\n\nLaws are much more flexible for commercial leasing, so most likely it will boil down to whatever is in your lease.\n\nWhy/how would subleasing the space play into it, and what do you mean by the owner would not be subleasing?", "replies": [{"id": "gj1x0xk", "text": "Thanks for the info. \nI'll do my best to answer your question to the best of my ability. \n\nI leased one of two warehouse spaces from the building owner. Building owner has his business in warehouse 2. I paid a security deposit upon moving in to warehouse 1.\nThe original owner has sold the building to a new owner. New owner kicked me out of warehouse one and moved his own business in. \n\nIt was my understanding (and I could very well be wrong) that because the building has been sold, the security deposit must be returned, regardless of if the space has been returned to its move in location. I read this is because the location has been sold and therefore it is not required to be returned to it's original condition, as the original owner can no longer lease the space. \n\nI hope that made sense. Feel free to let me know of that understanding is completely wrong. Thanks.", "replies": [{"id": "gj1z7re", "text": "What does the lease say about move out condition?\n\nIt could be filthy, half full of a previous tenant's inventory and machinery when you received it, but if the lease says it has to be empty and clean on move out, then the condition on move in doesn't really matter.\n\nThere are generally strict laws on security deposits for residential leases. These laws generally don't apply to commercial leases.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}]