Legal Question in Real Estate Law in New Hampshire
Lease Agreement
I signed a commercial lease in August 07. In November 07 the building was sold. I was never issues a new lease between my LLC and the new owner. Was she required to give me a new lease betwen her (the new owner) and myself? I would like to resolve my lease with the new owner and am wondering if because my lease is not with her and a new one was never issued if I am actually a tenant at will. Was she reuired to issue me a new signed leased between me and her within the first thirty days of acquiring the building? Thanks for your help!
1 Answer from Attorneys
Re: Lease Agreement
Generally, when a building is sold, it is sold with the tenants in place. You would likely get a letter or notice of the sale and then instructions on where to send your rent payments. The new owner bought the building and your lease. Of course I'm assumming you had the lease properly recorded to protect your interests.