Landlord / Tenant Question?

by **arber47** » Tue Apr 05, 2011 9:10 am

Without notice, our landlord has presented my fiance and I with a letter from her attorney stating that effective immediately, our current landlord is no longer our landlord.

I have searched through hell and high waters to find this online, and I'm at a loss. Would someone who is well-educated in legal rights please help me to determine if this is a legal move. If not, what are the correct Minnesota law procedures in changing the landlord on the lease.

By the way, the lease I have signed was from August 1, 2009 - July 31, 2010. So legally, we are obligated to the rental agreement until that time.

Thank you for any help!

by **naseem** » Tue Apr 05, 2011 9:16 am

The new owner is bound by the terms of your existing lease; so are you. Nothing changes other than who gets the rent. You can't be forced to move out and the new owner can't change the rent unless you agree to the changes. That's a federal law as well as Minnesota law. Scroll down to sale of the building in the link. It's in section 6, the lease.

by **denzell** » Tue Apr 05, 2011 9:31 am

Your landlord may have sold the building and therefore not be the landlord. She may have transferred her complete interest in the property to someone else. It seems the new landlord would like to keep things the same for right now anyway.

by **jabarl** » Tue Apr 05, 2011 9:35 am

Your landlord has sold the building because he got good money from it. You are still obligated to the rental agreement you signed previously with him and the new landlord will have to respect it.No need to panic about it.

by **atworth49** » Tue Apr 05, 2011 9:38 am

Your landlord has the right to sell the property and isn't required to give you advanced notice...the only thing is required is to inform you that the landlord has changed and therefore, WHO YOU PAY RENT TO, and they have done that by giving you that notice in writing.

It does not change your lease...when a landlord purchases rental property with a lease in mid-duration, he/she is required to honor the current lease in force no differently than before, the only thing again, that chances, is who you pay and where you send your payments to. It automatically transfers to the new landlord without any additional paperwork being filed.

Your lease is valid until July 31, 2010....so that is still a valid lease. However, your new landlord is not required to renew it and only has to give you a 30-day notice to change any and all terms of the lease, including raising the rent or asking you to leave.

This is BASIC real estate rental law 101...doesn't change no matter where you live and is done every day, all day, in the industry.

Advertisments:

Sponsor Links: