- Can a lease be broken if property is sold?
- Should I tell my tenants Im selling?
- Does unlawful detainer stay on your record?
- How long do you have to live in a council house before you can exchange?
- What happens in court for rent arrears?
- What rights do tenants have when the house is being sold BC?
- Can my landlord change the terms of my lease?
- Can I sell my home with renters in it?
- How bad is a eviction?
- Can council rent arrears be written off?
- How much can a new owner raise rent?
- Can you get an eviction if you already moved out?
- Can I move house if I have rent arrears?
- What happens when rental property is sold?
- How often can a landlord show an apartment?
Can a lease be broken if property is sold?
In almost every state, the lease and security deposit must be transferred with the property, and the new owner becomes the new landlord.
A fixed-term lease does not automatically terminate when a property is sold..
Should I tell my tenants Im selling?
Letting tenants know you plan to sell before you list your home is always best. Open and honest communication will help settle nerves and keep the lines of communication open.
Does unlawful detainer stay on your record?
An eviction, also known in some states as an unlawful detainer, can stay on your record for life, but all states have a process in place to expunge an eviction from your record. Expungement is an order issued by a judge sealing your court record from public view.
How long do you have to live in a council house before you can exchange?
Landlords have up to six weeks (42 days) to decide whether to give you permission to swap homes once both tenants have submitted their mutual exchange application forms.
What happens in court for rent arrears?
If you have rent arrears, your landlord may try and evict you. This is called seeking possession. … In some cases, even though they take you to court to evict you, they may agree to let you stay in the property as long as you agree to pay back the money you owe and you don’t fall behind with your rent again.
What rights do tenants have when the house is being sold BC?
When a Tenanted Property Has Been Sold Once a property is sold, the buyer becomes the new landlord and the tenancy continues under the same terms. … The buyer must serve notice to end the tenancy in good faith if they plan to occupy the unit or use it for other purposes – the tenant has 15 days to dispute that notice.
Can my landlord change the terms of my lease?
When a landlord and tenant sign a lease agreement it forms a legally binding contract. The lease cannot be altered except through another written agreement signed by both parties unless the original lease specifically gives a party the power to change something on their own.
Can I sell my home with renters in it?
The simple answer is yes, you can sell a property with a tenant still living in it. In fact, the laws in most, if not all, U.S. jurisdictions give the tenant the right to remain in the property for the term of the lease, continuing on after the sale if the tenant’s lease remains in force.
How bad is a eviction?
The short answer is that an eviction won’t directly affect your credit report or credit score. … So, an eviction itself may not appear on your credit report, but new landlords will see your past history.
Can council rent arrears be written off?
If a tenant clears the amount of arrears not set aside and maintains a clear rent account for 18 months, the council will write off the amount set aside in full. The council recognises that tenants may sometimes experience genuine hardship, which may cause them difficulty in paying their rent.
How much can a new owner raise rent?
In Alberta, there is no limit on how much a landlord can increase the rent but a landlord can only increase the rent after a year has passed from either the start of the tenancy or when the last rent increase was made.
Can you get an eviction if you already moved out?
Going to Court for Eviction You must respond to any legal summons to appear in court, even if you’ve already moved out of the property, paid the rent you owe, or otherwise resolved the issue that caused the eviction to be filed.
Can I move house if I have rent arrears?
Most council and housing association tenants can apply for a transfer. If you have rent arrears, you might be refused a transfer unless you come to an agreement to pay off the arrears.
What happens when rental property is sold?
You’re obligated to pay rent to your current landlord until the property is sold. … In case the new homeowner decides to continue renting out this property, you’ll just have to continue paying rent to your new landlord under the same agreement. Otherwise, you are only obligated to pay rent while you live in the property.
How often can a landlord show an apartment?
Since the house is property of the landlord, it’s not technically your house since you’re renting it as a tenant. your landlord can show ”your” house whenever they want, but they’re required to give you 24 hours or 48 hour notice before showing potential renters or buyers.