Ask a real estate pro: What are our rights after new landlord took over lease?
Q: Our landlord recently sold the house we have been renting. The sale happened in the middle of the month, and now the new owner wants us to pay him for the remainder of the month even though we have already paid the prior landlord for the whole month. And he wants us to pay the water bill, even though we never have in the past. What are our rights? — Aaron
A: When you rent a home, you are, in effect, renting from whoever happens to be the current owner of the property. Your landlord can sell the property, but that does not change the lease terms you agreed to. This means the rent and other terms remain the same, but you will need to pay your rent to the new owner.
Usually, when a landlord sells a property, they get a written statement from the tenant confirming the lease agreement’s terms, that there are no outstanding issues, and that the rent is paid current through the end of the month. The new owner will, in effect, “stand in the shoes” of the prior owner. As the tenant, you will look to the new owner to perform all of the landlord’s obligations under the lease.