Can the new owner of a property change the terms of a lease with a 30 day notice?
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Can the new owner of a property change the terms of a lease with a 30 day notice?
Asked on January 6, 2016 under Real Estate Law, Colorado
Answers:
M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney
Answered 8 years ago | Contributor
If it's a written lease, then unless there is a specific clause allowig for this (unlikely), a new landlord cannot change the terms of an existing lease. They take title to the rental premises suject to the lease. However, if there was only an oral month-to-month lease, then a new landlord can institute new terms but if the tenant doesn't agree with them, then the lease ends.
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