Legal Question in Landlord & Tenant Law in Connecticut
If property is sold, is my lease OK?
I am a store owner/operator, currently renting a commercial property which houses my business. My landlord is a wonderful man, no problems, but he is very ill. I am not sure if his family will be keeping the property or if they will sell it when he passes on.
If the property is sold, will my commercial lease be binding on the new owner?
Asked on 2/13/04, 9:55 am
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: If property is sold, is my lease OK?
Yes, your current lease will continue to be valid
with the new owner(s)----until it expires.
Answered on 2/13/04, 11:35 am