ANSWERS: 3
  • Depends on how your lease/purchase option contract is written. If your lease is up, yes they can. They are under no obligation to extend your lease or renew the option contract.
  • Without seeing your contract, it is difficult to say with any certainty. However, if the owner has offered you the right of First Refusal, and you are unwilling or unable to perform (purchase), the owner is very likely to have to right to sell it to the first qualified buyer. Your lease may protect you for a predetermined period, so that the lease term may survive the sale -- but then again, it may not. Please review your contract and consult with a real estate attorney if there is any doubt.
  • they cant kick you out even if your lease is up....that would initially be up to the new owners...and if they are moving why would they care if your there or not?? they dont...my girlfriend and her hubby just bought an appt building,actually2 and one of them they had to kick him out cause they made it into one big house. and i dont think your lease carries on with the next owners anyway, ill ask her for sure later and leave ya more.

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