Dear Client,
Sale dose not effect tenancy, it will continue on same terms and if previous owner do not return than next owner is liable to return. Next owner cannot evict you.
My owner is selling the property without notice I have rented ONLY 2 MONTHS back. Please help me with the following - - Can someone please tell me what my rights are as a tenant? - I had also paid the brokerage for this flat, would I get that back? - Would I be able to continue my tenancy post the sale of the flat?
Dear Client,
Sale dose not effect tenancy, it will continue on same terms and if previous owner do not return than next owner is liable to return. Next owner cannot evict you.
is there lock in clause in your leave and licence agreement
2)if not landlord can ask you to vacate by giving you notice as per terms of agreement
3) you would not get your brokerage
4) if purchaser want s you to continue then fresh agreement would have to be entered into with the purchaser
You have right as a tenant and the owner need to give you proper notice for handing over possession to the buyer.
You won't get the brokerage back
See if new buyer agrees and he let you continue you can continue.
Your lease remains valid in case a rental property is sold, and your former landlord is obliged to provide you with a name and address of a new landlord.
If the owner of the property is intended to sell the property then definitely he will have to give you one month notice as per your rent agreement and you can also recover the amount of the brokerage from the landlord otherwise you can go to the police station and file a case of cheating under section 419 420 and 406.
You cannot stop him selling the property as he is the title holder and have all the right to dispose the property as per his wish
1) You have to check all terms and conditions of Lease agreement.
2) Kindly check with new buyer that he is ready to continue the flat on rent till your agreement period mentioned.
3) others ask compensation from owner.
1. What is the exit clause mentioned in the rent deed.
2. If he is doing so without any notice then ask him to refund the brokerage that has been paid by you and refuse to vacate the premises.
Regards
- If there is a termination clause in this rent agreement, the same has to be adhered meticulously and thereby the seller is required to give you an advance notice of eviction,.
- Depends upon your arrangement/agreement with the broker.
- Refer to the rent agreement for clarity on this/.
He needs to give you notice as per the agreement before vacating you. if he is in hurry he has to pay you for the notice period and brokerage charges for new flat.If the flat is sold you will not have any rights with the new owner.
1. Please refer your Leave and License Agreement. If there is a lock in period clause is mentioned in the Leave and License Agreement then the Owner (Licensor) cannot force you to vacate the premises before the lock in period and if he forces you to vacate the premises before the lock in period you can ask him to pay the compensation (Like Brokerage Fee, Shifting, and Legal Fee etc.).
2. And if lock in period is not mentioned in the Leave and License Agreement then either party can give notice in advance to show his intention to vacate the premises as specified in the agreement to the other party.