Legal Question in Real Estate Law in Iowa

I have a lease agreement on a townhome until may 2011. My landlord decided to put the townhome up for sale. And stated once the home sells he would give me up to two months to find a new place to move. Since he put the house on the market Am I still bound to the lease agreement ?


Asked on 11/24/10, 1:09 pm

1 Answer from Attorneys
Thomas Moens Moens Law Offices, Chartered

You are BOTH still bound by the lease agreement. Even if he sells the place, the buyers would take title subject to your rights under the lease--in other words, you can stay in the property until May. You could certainly negotiate some sort of early termination, which might be advantageous for both of you.

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Answered on 11/29/10, 2:54 pm


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