Legal Question in Real Estate Law in District of Columbia
Legality of lessor selling property before end of lease
Is it legal for the owner of a rental property to sell the property
before the current lease expires? What recourse, if any, does the
renter have in this situation if they do not want to vacate the
property until the end of the lease and have had no lease violations?
2 Answers from Attorneys
Re: Legality of lessor selling property before end of lease
Amendment to prior answer: The new owner's
mortgage is subject to your prior lease, i.e,
you have the right to remain in the property until the lease is up.
Re: Legality of lessor selling property before end of lease
Yes, the owner may sell the property before your current lease expires. However, the owner must still comply with the notice of lease termination requirements before he can legally force you to vacate the premises.
If the owner fails to comply with these requirements and sells the property, your recourse
is to demand reimbursement for whatever reasonable
costs that you incur by having to relocate before the term of the lease was up----unless the new
owner agrees to accept the balance of the lease agreement and allows you to stay on until it expires.