My landlord is selilng the condo I live in - what rights do I have as a tenant?

Asked by Amersdmb, 06074 Tue Apr 10, 2012

I have a lease through August, but my landlord has decided to sell the condo now. I am not interested in buying, but wonder what my rights are as a tenant. She said we can break the lease at any time, but finding a new place is not a fast or inexpensive process. I have no idea what rights or options I have. I live in Connecticut. Any help would be appreciated.

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Anne Miller, , Manchester, CT
Tue Apr 10, 2012
Check out your lease lst. It may say in case of a sale lease will be nullified?
(or similar words}But even if it said that most courts will give tenenets more time if they
are having difficulty finding other rents...so no worry.

But good news!!..Have you every heard the sentence..."Say Goodbye to
your Landlord.". That was used in previous years when the market
was good for buying..Just like now..You can buy with little or
no money down and your monthly payment will be much lower than
you are paying now...in many instances...or getting something
larger and paying the same as your rent...Call me at 860-647-8000
and we will have a chat.

You will be thanking me and saying...."GOODBYE TO YOUR LANDLORD!"

ANNE
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Mike Cameron, Agent, South Windsor, CT
Tue Apr 10, 2012
Assuming the lease is in writing, it remains in force regardless of who owns the property. You may want to be pro-active, if you were planning on renewing the lease, and find out the new owners plans i.e. are they planning to continue renting the property or buying for their own use. Either way they are required to honor the lease until it expires Your security deposit should also be passed from the current owner to the new owner.
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