Legal Question in Landlord & Tenant Law in Pennsylvania
Lease
I curently lease the the first floor of a building that I run my business in. My lease is good for six more years. The current owner of the building is selling. What will happen to the term of my lease. I don't want to go anywhere
Asked on 1/11/07, 4:28 pm
1 Answer from Attorneys
Solomon Weinstein
Solomon Weinstein, Esquire
Re: Lease
You should review your lease carefully. In general unless the lease provides that the lease term or other conditions change upon sale by the owner, the new owner would be bound by the terms of the original lease and your term should continue as stated. If you would like to consult with an attorney about this I would be willining to consult with you.
Answered on 1/12/07, 9:57 am