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what happens to the lease when landlord decides to sell the property during the lease

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what happens to the lease when landlord decides to sell the property during the lease

Last updated: June 20 2019
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  • what happens to the lease when landlord decides to sell the property during the lease

    In Mumbai, what happens to the lease when landlord decides to sell the property during the lease? What are the rights of tenants in this case?
    Last edited June 20 2019, 10:30 AM.
  • #2

    #2

    Re : what happens to the lease when landlord decides to sell the property during the lease

    Normally the lease agreement doesn't state anything on this contingency.

    So, it is always better to discuss the issue with the Landlord and settle things mutually . Not aware of any law or tenant rights in such a situation, but f your agreement has a substantial period to lapse, you can mutually settle things with the Landlord.
    Please read IREF rules | FAQ's

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