Legal Question in Real Estate Law in Michigan
Rental Agreement Validity
After buying a rental property does the rental agreement between the previous owners and the tenants
that were there when we purchased th unit have any
validity. I want to take the tenants to small claims court for lack of payment but did not make a new rental agreement out with them when i purchased the property. They left 2 months after I purchased the property. I have a copy of the rental agreement from the previous owners but wonder if I really have anything to stand on seeing my name is not on the rental contract.
Asked on 1/31/02, 6:25 am
1 Answer from Attorneys
Don Darnell
Darnell & Lulgjuraj, P.C.
Re: Rental Agreement Validity
The answer to your question is - yes, the lease remains valid for a term up to one year after the purchase. Take em' to court.
Answered on 1/31/02, 11:45 am