Legal Question in Real Estate Law in California
Can a Landlord brake a lease without penalties?
1. We have been renting our home since February 1999 and have a one year lease that expires in February of 2000. However, we have been recently informed by ourlandlords that they will be selling the property we live in and that when it is sold we would probably have to move.
When I asked our landlord if our contract would be honored by her or any new owner she said that she would probably break our contract that it didn't really matter and that once the property was sold it would depend on the new owners intentions with the property.
Do we have any rights that we can exercise? Are the Landlords obligated by law to honor the contract? Please advise...
1 Answer from Attorneys
Re: Can a Landlord brake a lease without penalties?
The new owners almost certainly must honor your lease.
However, like everything else in the law, there are
possible scenarios where they don't. Also, honoring the
lease might not necessarily mean that you get to stay in the
premises, that depends on the terms of your lease.
You should consult with an attorney.