Legal Question in Landlord & Tenant Law in Michigan
Owners rights
If a landlord-owner sells his property,are the current lease agreements with tennatts in effect yet. Or does the new owner have the right to make out new agreements with tennatts.
Asked on 8/25/06, 8:06 am
1 Answer from Attorneys
john graziani
Law Offices of John Graziani
Re: Owners rights
The lease runs with the land. For instance, if that lease expires in June, 2009, that new owner is responsible for honoring that lease.
Sincerely,
John Graziani
Attorney at Law
www.attorneygraziani.zoomshare.com
Answered on 8/25/06, 9:22 am
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