Legal Question in Landlord & Tenant Law in Virginia

I'm renting a home month to month and I was told by my landlord back in June that he was having financial trouble but he would keep the home I rent from him and that my rent would probably increase. In August, however, he informed me that he had been qualified for a short sale and that the property would be listed for sale. He said he would keep us posted on the process so that we would have adequate time to leave. Someone called the house last week and said that their offer had been approved and that they hope to settle in October. Meanwhile, I haven't heard from the landlord. Do I have any rights or should I just move out? I'm hanging on to September's rent in case I need to move abruptly.


Asked on 9/07/09, 8:25 pm

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Of course, you have rights,i.e., all of the rights that have been spelled out in your current lease---until such time as a lender may foreclose upon the property and your current lease is thereby terminated.

However, in the meantime, if a so-called "short sale" prospective buyer appears upon the scene,

this kind of buyer, if s/he purchases the property, will normally be fully bound by the terms of your current lease until it naturally expires.

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Answered on 9/13/09, 12:36 am


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