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    putzy75's Avatar
    putzy75 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 26, 2009, 04:56 PM
    If the landlord has bad health and has to go to an assisted living place can the land
    If the landlord has bad health and has to sell to go assisted living, can the land lord get out of the lease to sell the house? WHat kind of agreement would be needed?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Dec 26, 2009, 05:16 PM

    If there is an existing lease, the new owner needs to honor it.

    There are some circumstances where they can terminate the lease early, but they are rare.

    You may be able to negotiate a deal to move out for some consideration.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    Dec 26, 2009, 05:17 PM

    No they can not get out of the lease, the new owner will be obligated to honor it.

    The owner can offer to "buy" your lease out.
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