Sunday, August 22, 2010

Which rental lease is valid ?

I have a signed rental lease with a company on my apartment through April 2010. This company was bought out and the new company wants to change all the rules of my lease without providing me with a new lease stating such. Don't they have to honor the conditions on the original lease I signed first ? Thanks...Which rental lease is valid ?
Your old lease is valid until April 2010, they can not change any rules prior to that date.Which rental lease is valid ?
What rules of your lease ? ANYTHING not contained in the original lease is subject to change. The actual terms of the original lease transfer to the new owners, but the new owners are able to change other rules at will, as long as those changes do not violate the terms of the original lease. Therefore, rules concerning parking, quiet hours, etc. are subject to change, as long as they are not defined in the terms of the original lease.
The new company/owner HAS to honor the terms of the old lease.


If they give you trouble about this, you can contact the attorney general office in your state and file a complaint.


Tell the new owner that you will be glad to honor the new requirements when your old lease expires.


And of course, if you don't want to, plan on moving before signing a new lease.
they acquired the original lease so they are bound by its terms thru April 2010. When they acquired the property they acquired all leases also. they cannot just change the leases.





You do not have to agree to any changes they desire.
Yes, your old lease supersedes the new one they are trying to place on you. You don't have to sign the new contract until after April 10'.
if they change it then they've broken the lease and you can walk. otherwise you're golden until april 2010.

No comments:

Post a Comment