 legal (by Queen [VA]) Sep 10, 2009 6:02 AM
 legal (by Wallace CPM [VA]) Sep 10, 2009 6:05 AM
legal (by queen [VA]) Sep 10, 2009 6:07 AM
legal (by Reid [KS]) Sep 10, 2009 6:13 AM
legal (by Queen [VA]) Sep 10, 2009 6:16 AM
legal (by Pat [VA]) Sep 10, 2009 6:17 AM
legal (by Virden [OH]) Sep 10, 2009 6:40 AM
legal (by Ellie [IL]) Sep 10, 2009 6:46 AM
legal (by Nancy [IN]) Sep 10, 2009 9:22 AM
legal (by Carolyn [MO]) Sep 10, 2009 9:29 AM
legal (by Stephen [WA]) Sep 10, 2009 9:45 AM
legal (by Wallace CPM [VA]) Sep 10, 2009 10:26 AM
legal (by Pat [VA]) Sep 10, 2009 1:26 PM
legal (by Queen [VA]) Posted on: Sep 10, 2009 6:02 AM
Message:
State Specific Question About: VIRGINIA (VA)
Can a landlord sell his home during the lease term? Lease term is 1 year ending in June of 2010 per landlord he has house on the market now. Is this legal? --56.0.xxx.xx |
legal (by Wallace CPM [VA]) Posted on: Sep 10, 2009 6:05 AM
Message:
Yes * sale does not cancel the lease - lease transfers to the new owner --64.12.xxx.xx |
legal (by queen [VA]) Posted on: Sep 10, 2009 6:07 AM
Message:
So, would I legally be able to stay until my lease is up regardless of who purchases the home? --56.0.xxx.xx |
legal (by Reid [KS]) Posted on: Sep 10, 2009 6:13 AM
Message:
It depends on what your lease says some leases address that contingency some don't then it goes according to statute --69.148.xxx.xxx |
legal (by Queen [VA]) Posted on: Sep 10, 2009 6:16 AM
Message:
It is not addressed in the lease at all. It does state that he would not place any for sale signs on the property until 60 days before the lease is to expire. Now he says that only applies if I was not going to renew the lease at the end of the term, and it has nothing to do with him selling because he can't afford it anymore. --56.0.xxx.xx |
legal (by Pat [VA]) Posted on: Sep 10, 2009 6:17 AM
Message:
If it goes into foreclosure, I think you are out of luck. Hope that isn't the situation. You are bound by the terms of the lease. --76.5.xx.xxx |
legal (by Virden [OH]) Posted on: Sep 10, 2009 6:40 AM
Message:
If it goes to foreclosure you still pay rent to the owner until it actually sells, then you could buy it from the new owner, or pay thru the lease duration. --99.128.xx.xxx |
legal (by Ellie [IL]) Posted on: Sep 10, 2009 6:46 AM
Message:
Yes they can sell. You would pay your rent to the new owner. --208.94.xxx.xxx |
legal (by Nancy [IN]) Posted on: Sep 10, 2009 9:22 AM
Message:
Yes, an owner can sell something that he owns anytime (unless the "govmnt" says otherwise but don't get me started).
Lease runs with the land. --65.55.xx.xxx |
legal (by Carolyn [MO]) Posted on: Sep 10, 2009 9:29 AM
Message:
If the lease doesn't address a sale, then a new owner would be bound by your lease.
Is there any possibility of your buying the house? Many landlords are finding themselves in a financial bind now. Perhaps you could negotiate a good deal for both of you. --205.188.xxx.xx |
legal (by Stephen [WA]) Posted on: Sep 10, 2009 9:45 AM
Message:
A LL/Tenant pamphlet from my state says "The sale of the property does not automatically end a lease or month-to-month rental agreement." I'm not positive what the "automatically" means but assume that there could be cases where the agreement ends but not usually. --71.227.xxx.xxx |
legal (by Wallace CPM [VA]) Posted on: Sep 10, 2009 10:26 AM
Message:
So, would I legally be able to stay until my lease is up regardless of who purchases the home? -- YES unless old/new owner allows you to terminate --76.4.xx.xxx |
legal (by Pat [VA]) Posted on: Sep 10, 2009 1:26 PM
Message:
People, didn't you pick up on the fact they said Landlord said they can't AFFORD it anymore? If it goes into foreclosure, the bank does not have to honor the lease. Tenant loses out. BUT, I was saying that the tenant is at a disadvantage because they can't just start looking for something else until that happens. --76.5.xx.xxx |
Reply:
|
|