Legal Question in Real Estate Law in California
if a person signs a one year lease, the property gets sold, the realtor tells the tenants that they will get some money if they agree to move out. the tenants agree to move out early, and the sale falls through. Are they now still responsible to stay or pay rent until the end of the original agreement?
Asked on 5/01/14, 10:47 pm
1 Answer from Attorneys
Robert F. Cohen
Law Office of Robert F. Cohen
If you've already moved, you're entitled to the money. If you haven't, then the payment would have been contingent upon the sale that fell through. The rental agreement would remain in effect. However, you should talk to the current owners and see if they'd be willing to pay the amount if you were to leave, since it seems to be their goal and the whole deal leaves you up in the air about whether you'll have to leave soon, anyway.
Answered on 5/06/14, 1:28 pm