Is it true that if your apartment building is sold that the new landlord can evict you…?

4 Responses to “Is it true that if your apartment building is sold that the new landlord can evict you…?”

1. Comment by Aquanaut

   Depends on the council, city or state rule. But if you do no make your payment on-time, then a default party is subject to an eviction, by court order.

2. Comment by Angie

   The new owner has to follow the terms of the lease that are currently in place. However, when the lease is up, they can choose not to renew it — just as your old landlord had the right not to renew it. It’s a business decision.

3. Comment by odmayhea611

   As long as you are still under your lease you are safe, but after it is up they have the right to choose not to renew it as do you.

4. Comment by ready2go67

   Don’t know about Penn.. but usually once they buy the property can boot someone out for them or a family member to live in the unit.

   Once your lease is up landlords usually have to give you 30-60 days notice when asking you to vacate. Look into your local Renter Rights branch & see what they say.