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Originally Posted by paleshadow
I know there are a few legal eagles on the boards, but I can't remember specifically who, so this is for anyone who may know.
If you have a lease on an apartment, and the property is sold, are you still bound to the terms of the lease specifically to the duration of the lease.
Basically, if you move out a month before the lease is up are you still liable for that months rent?
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I am not sure if there are local laws/codes you should concern yourself with but for California I would have to ask you if, in the sale, the old owner transferred over the leases to the new owner. Generally, if this is the case, you would have received notification with a request for a signature of approval. If the leases have been transferred, then you would be liable to uphold the lease agreement with the new owner. If the leases have not been transferred, I would say not. However, you should your local codes which, dependent upon the population of your town/city, should be available on-line. Good luck!
