Legal Question in Landlord & Tenant Law in New York
Lease
Does a new owner have to honor
a pre -existing 1 year lease and its terms and conditions.
Asked on 7/12/07, 7:55 am
1 Answer from Attorneys
Stephen Loeb
Law Office of Stephen R. Loeb
Re: Lease
If the lease is effective at the time of the sale, yes. The new owner buys subject to the lease.
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Answered on 7/12/07, 10:10 am
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