5 Things to Remember if Your Landlord Suddenly Sells Your Building
Written By:
By Terri Williams - Featuring David Berkey, Gallet Dreyer & Berkey, LLP
If you’re a renter and your landlord suddenly comes to you and tells you that they’ve sold the building, you may have a few reactions (mainly, panic) and many questions. What does this mean for the rest of your lease? Does the sale make your lease totally void, or should you automatically expect your new landlord won’t renew your lease? Will the new owners of your building still rent out the property, or will they want to move in? What are tenants rights when a landlord sells the property?
David L. Berkey
For more than thirty years, Mr. Berkey has been a trusted advisor to numerous cooperative and condominium boards, banks, insurance companies and individuals. Mr. Berkey counsels his loyal clients regarding all issues pertaining to co-op and condo law, prepares their various contracts, handles their transactions and litigates their claims.