Home Selling in Illinois>Question Details

Tracy Smith, Other/Just Looking in Litchfield, IL

How long does a tenant have before they have to move if the landlord sells the house?

Asked by Tracy Smith, Litchfield, IL Mon Feb 11, 2008

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Tracy,
That should be spelled out in the lease. I've sold a number of properties that had tenants...each of them were sold "subject to tenant's rights" so the new owner had to abide by the terms of the original lease (amount of rent, term of lease, etc.) If no lease is in place, best to contact a local real estate attorney for specific guidance.
0 votes Thank Flag Link Wed Feb 13, 2008
Best practice would be to talk to the landlord and see if you have to move and what the guidelines are. Its possible that the home might of been sold for investment purposes and you'll just have a new landlord.

If you are living on a month to month lease then I believe the landlord must inform you 30 days prior that you must vacate the property. So if you pay rent on the 1st of the month, the landlord must inform you on or before the first.

There is a clause in Chicago that you may be entitled to 60 day notice, but an attorney would be the best person to contact.
0 votes Thank Flag Link Mon Feb 11, 2008
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