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-   -   We rent a house and we found out there going to sell the property what's our rights (https://www.askmehelpdesk.com/showthread.php?t=511542)

  • Sep 27, 2010, 09:29 PM
    meg78
    We rent a house and we found out there going to sell the property what's our rights
    We are renting a property in south australia, we found out that the owners are going to sell it, we are locked into a fixed 6 month lease, what are our rights
  • Sep 30, 2010, 02:34 PM
    joypulv
    I'm sorry you haven't received an answer in 3 days. You need help with AU tenant law specifically, and can probably get a quick answer for free from a local attorney. Hopefully the owners mean they plan to put it on the market, not sell it out from under you? Do you have the full 6 months left?
  • Sep 30, 2010, 05:47 PM
    ballengerb1

    Not sure if this applies in Australia too but in the USA the lease remains valid until its normal end. The new owner can give you a 30 day notice a month before the lease ends saying he will not renew and you must move. Otherwise you have 6 months to sit right where you are, unless this is a bank foreclosure
  • Sep 30, 2010, 05:52 PM
    ScottGem

    AU law is based on British common law same as the US. So I would suspect its similar. A lease is a contract. A sale of property does not affect an existing lease. The new owners will have to honor the lease, but are not required to renew it.

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