Rental Property Sale Rights
Summary
In Virginia, your original lease generally remains valid even if the property is sold. The new property management company is usually bound by the existing lease and has the right to collect rent and take legal action if not paid. Consult a local attorney for personalized advice.Full Conversation
I have a tenat rights question
Hello ****, I'd be happy to help with your tenant rights question. Could you please provide me with more details about your situation? Also, could you let me know which state you're located in? This will help me give you the most accurate information.
My landlord's have put the rental property up for sale. But I guess they are having a management company come in to asset the rentals and I guess they are managing it. I have a rental agreement with my landlords but not this Watts property management company. I have court tomorrow with this company over rent that I owe. Is that legal?
Hello ****,
Could you please let me know which state you're located in? This is important as tenant-landlord laws vary by state.
Virginia
Hello ****,
In Virginia:
- Your original lease agreement generally stays valid even if the property is sold.
- The new property management company is usually bound by the existing lease.
- They have the right to collect rent and take legal action if not paid.
Please consult a local attorney for personalized advice.
Thank you
You're welcome, ****. If you have any other questions in the future, don't hesitate to ask. Good luck with your court appearance tomorrow.