Can my current lease be changed if the landlord sold the house as a land contract?
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Can my current lease be changed if the landlord sold the house as a land contract?
I still have 4 months in my current lease, the landlord is selling property as land contract. Can new management increase rent?
Asked on February 5, 2012 under Real Estate Law, Pennsylvania
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
When property is sold, it is sold subject to any and all existing and then-in-force leases. That is, the buyer steps into the shoes of the seller and becomes your new landlord, subject to the same terms of the lease. So the buyer cannot raise your rent until this lease is up; however, when the current lease is up, the new owner could look to raise rent, to change other terms or conditions, or possibly to simply no renew the lease, at their option.
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