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    group14's Avatar
    group14 Posts: 1, Reputation: 1
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    #1

    Jul 2, 2007, 02:56 PM
    Landolord's unilateral termination of lease contract
    We entered into a one year contract with a Landlord in Florida on January 16. Now the landlord sends us a certified letter requiring us to move within 30 days because "Due to financial downfall, I cannot sustain a second home in Florida". He lives in Georgia. We have ALWAYS paid before the due date and have fully complied with the contract. The letter threatens us with eviction if we do not leave within the time frame.

    Moving not only entails expenses and aggravations (mainly when we had gone through it less than 6 months ago), but it would also have a huge negative impact on a business we are launching precisely during the month they want us to move.

    What should we do? Should we send him a letter questioning his petition? Should we send copy to the lawyer he referred to in his letter?

    Jose
    terriloc's Avatar
    terriloc Posts: 1, Reputation: 1
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    #2

    Jul 3, 2007, 12:08 AM
    Quote Originally Posted by group14
    We entered into a one year contract with a Landlord in Florida on January 16. Now the landlord sends us a certified letter requiring us to move within 30 days because "Due to financial downfall, I cannot sustain a second home in Florida". He lives in Georgia. We have ALWAYS paid before the due date and have fully complied with the contract. The letter threatens us with eviction if we do not leave within the time frame.

    Moving not only entails expenses and aggravations (mainly when we had gone through it less than 6 months ago), but it would also have a huge negative impact on a business we are launching precisely during the month they want us to move.

    What should we do? Should we send him a letter questioning his petition? Should we send copy to the lawyer he referred to in his letter?

    Jose
    Quoting Sale of Rental Property

    "When your landlord sells the rental property where you live to a new landlord, the new landlord takes the property subject to all rental agreements already in effect, written or oral. Your original lease remains valid, and does not terminate at the time of the sale.

    The one exception to this rule is if your lease agreement contains a statement that your lease will terminate (generally upon 30 days notice) if the property is sold. These types of clauses are sometimes included in lease agreements by landlords who are planning to sell the property during the term of the lease, or by real estate agencies that are temporarily renting the property until it can be sold. If you want to be guaranteed that you can stay in the rental property during the full term of the lease, you should not sign a lease agreement that contains a termination clause in the event of a sale. "

    (Double-check for your state.)

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