If the apartment building you have been renting in has been sold, do the new owners have the right to tell you to move in only 30 days?

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If the apartment building you have been renting in has been sold, do the new owners have the right to tell you to move in only 30 days?

I have been renting here for 7 years and was told they want me to move so they can live in my side of the building. The other tenant has only been there for a year.

Asked on April 10, 2012 under Real Estate Law, Kentucky

Answers:

M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 12 years ago | Contributor

Generally speaking, the new owners buy the property "subject to " a lease agreement and you ar permitted to stay until the end of the term.  Do you have a lease agreement or are you a month to month tenant?  The length of time you have lived there may or may not give you any more rights.  It depends on the size of th building, your local laws, etc.  But the fact that they wish to owner occupy our apartment and you may have no written lease, well, they may be able to do that.  Please go and speak with a tenant's rights organization. Bring all your paperwork.  Good luck. 


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