Hi Manda,

Yes they have to honor the lease.

All the best,
James Joseph

Manda,

This website may contain more information

http://www.legislature.mi.gov/documents/Publications/tenantl…

Information was published by the State of Michigan.

Yes, the new owner has to honor your current lease. He/she cannot insist on negotiating a new lease. Once the lease expires, he may do whatever he wishes though.

Yes, your current owner will transfer your lease to the next owner and the contract you have will be valid unless the new owner wants to negotiate a new lease with you. You can find out more about your rights on different web sites if you search in google their are a few out there. Careful of the ones you have to pay for!

Call or email if need any further questions I'd be glad to help!