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Posted by JJ on February 10, 2000 at 00:16:48:

In Reply to: Owner selling apt. - how much notice should we get? posted by Julian on February 08, 2000 at 13:01:47:

: Hi,

: We've been renting in a condo building for 4 years in NYC.
: We have a lease. Several days ago we found out that
: the owner is selling the apt. We were told that we have
: 15 days to let them knwo if we want to buy the place.

PROBABLY KOSHER: WHAT DOES YOUR LEASE SAY? DO YOU HAVE RIGHT OF FIRST REFUSAL?

: My questions are:

: * given that our lease expires on Apr. 30 of this year,
: can they force us to move beforehand?

AND WHAT DOES YOUR LEASE SAY ABOUT THIS?

: * is they sell the apt., how much notice do they have to give us
: to move?

NEW OWNER MUST HONOR LEASE. WHEN LEASE ENDS, YOU BECOME MONTH-TO-MONTH TENANT. EITHER OLD OR NEW OWNER THEN GIVES YOU 30-DAY NOTICE. SEARCH ON THOSE TWO PHRASES FOR MORE.

: * should we stay, without a lease, past Apr. 30th, while we look
: for a new place?

YOUR CALL: RENT CAN'T INCREASE UNLESS YOU AGREE TO IT. MORE DETAILS IN YOUR SEARCH RESULTS.

: Any help would be great,

: julian and lynette.

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Comments:
: : Hi,

: : We've been renting in a condo building for 4 years in NYC.
: : We have a lease. Several days ago we found out that 
: : the owner is selling the apt. We were told that we have
: : 15 days to let them knwo if we want to buy the place.

: PROBABLY KOSHER: WHAT DOES YOUR LEASE SAY? DO YOU HAVE RIGHT OF FIRST REFUSAL?

: : My questions are:

: : * given that our lease expires on Apr. 30 of this year, 
: : can they force us to move beforehand?

: AND WHAT DOES YOUR LEASE SAY ABOUT THIS? 

: : * is they sell the apt., how much notice do they have to give us
: : to move?

: NEW OWNER MUST HONOR LEASE.  WHEN LEASE ENDS, YOU BECOME MONTH-TO-MONTH TENANT.  EITHER OLD OR NEW OWNER THEN GIVES YOU 30-DAY NOTICE.  SEARCH ON THOSE TWO PHRASES FOR MORE.

: : * should we stay, without a lease, past Apr. 30th, while we look
: : for a new place?

: YOUR CALL: RENT CAN'T INCREASE UNLESS YOU AGREE TO IT.  MORE DETAILS IN YOUR SEARCH RESULTS.

: : Any help would be great,

: : julian and lynette.


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