Landlord selling my building: Am I screwed?
March 20, 2006 5:26 PM Subscribe
NYC: Our landlord is selling our building. We have a lease. What's going to happen to us?
posted by logovisual to law & government (14 answers total)
I just learned on Saturday that our landlord is selling the brownstone we rent the top floor of in Brooklyn. Somebody is already coming by to see the place tomorrow. We have a standard, legal lease; what are a new owner's responsibilities re: this lease, our rent, etc.? Does he/she have to honor them, or are we up shit creek? This is a surprisingly difficult topic to Google... My understanding was that they do have to honor the lease, but informally speaking, if that displeases them, they can make my life very difficult. Am I wrong in this, and they don't have to honor it at all?