Legal Question in Real Estate Law in District of Columbia
Rights Of Lessor When Lessee Sells Property
I am the owner of a condominium unit in a building in Washington, DC. I am renting a parking space from the owner of another condominium unit in the same building (she owns both the apartment and the parking space). This owner is selling her unit and is going to settlement in November, 2000.
The lease I have on the parking space expires in April, 2001.
Do I continue to have rights to the parking space or does the lease simply collapse as a result of her sale?
Note that the lease has no clause pertaining to this situation.
1 Answer from Attorneys
Re: Rights Of Lessor When Lessee Sells Property
The lease should continue if, in fact, the parking space is owned by the lessor/seller. Many parking space arrangements are in fact leases or licenses from the condo association (with, in your case, apparently a right to sublease/sublicense), rather than ownership per se as in the case of the condo unit itself. You need to look at the governing documents of the condo to see what this really is. If it is a sublease/sublicense, it may or may not continue in effect, depending on the terms of the condo docs.
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