Legal Question in Landlord & Tenant Law in Michigan
My rental home being sold before the end of the lease
I am one year into a two year lease on a private residence. My landlord is selling the house, but not the lease. I asked the landlord for something in writing about how the lease will now end (because it is for sale and I will have to leave the home for their new owner), but have not recieved anything. Am I resposible for the lease any longer once he puts it for sale, thus taking away my ''quiet enjoyment'' of living there?
2 Answers from Attorneys
Re: My rental home being sold before the end of the lease
Unless the lease states that your tenancy is terminated upon sale of the property, the new owner may have to let you stay until the tenancy ends. If you wish not to stay, now is the time for you to seek a full release from the landlord (orig. owner) so you can avoid any liability. For more info, please contact my office.
Re: My rental home being sold before the end of the lease
The lease should state what happens in the event the house is sold. Usually the new owner takes subject to the lease meaning the lease is still in effect. If the owner asks you to terminate the lease early and you do, then you are not response the for the remaining time on the lease as long as you get it in writing.