Legal Question in Real Estate Law in Pennsylvania
renting a home that is for sale
When you are renting a home that has been for sale and it goes under contract, by law how much time does the landlord have to give you to vacate the premises?
2 Answers from Attorneys
Re: renting a home that is for sale
It all depends on what your lease says. Sometimes an owner who plans to sell will include a provision in the lease saying that if the house is sold, the tenant will have to give up the house. Such a provision will also usually state how much notice the tenant will be entitled to.
During the term of the lease, except for such a provision, you are entitled to remain in the home. A buyer would receive the same rights as your old landlord - to receive rent from you - but would not be able to just terminate the lease.
You may want a real estate attorney to review your lease and any notice you may have received from the new owner to help you assess your rights.
Re: renting a home that is for sale
The most important fact is that your lease must be reviewed. Unless you are month to month, if a landlord sells his property the new owner will buy it subject to the lease. I suggest you have your lease reviewed by an attorney. Once the property is sold you will have a new landlord and be required to pay the rent to him and not your own landlord.