Legal Question in Real Estate Law in Illinois

Does a new owner of apt building have a right not to honor your present lease?


Asked on 10/20/15, 7:15 pm

1 Answer from Attorneys
Michael Goldberg Johnston Tomei Lenczycki & Goldberg LLC

If you have a valid lease then the new owner must honor the lease. However, there is an exception if the new owner acquired the property through a foreclosure and intends to live in the property personally as their primary residence.

If you feel that your rights are being violated speak with an attorney familiar with landlord/tenant law for further assistance.

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Answered on 10/21/15, 6:58 am


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