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2015•SSRN Electronic JournalOpen access

New Landlord 'Cant's Alter Deal In' - Tenants Must Obey Terms and Conditions

Sayed Iqbal Mohamed

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Abstract

The sale does not affect an existing lease, with the new owner/landlord not acquiring any right or obligation greater or less than the previous landlord. The tenant is bound by the lease too and must perform whatever is required, including all future and unfulfilled past obligations. The new owner inherits the suspended lease, and, all rights, duties and responsibilities are reinstated. The new landlord cannot prevent the tenant from moving back or increase the rental and security deposit?

About this research paper

What this paper is about

The sale does not affect an existing lease, with the new owner/landlord not acquiring any right or obligation greater or less than the previous landlord. The tenant is bound by the lease too and must perform whatever is required, including all future and unfulfilled past obligations. The new owner inherits the suspended lease, and, all rights, duties and responsibilities are reinstated. The new landlord cannot prevent the tenant from moving back or increase the rental and security deposit?

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Available abstract

The sale does not affect an existing lease, with the new owner/landlord not acquiring any right or obligation greater or less than the previous landlord. The tenant is bound by the lease too and must perform whatever is required, including all future and unfulfilled past obligations. The new owner inherits the suspended lease, and, all rights, duties and responsibilities are reinstated. The new landlord cannot prevent the tenant from moving back or increase the rental and security deposit?

Key concepts: Landlord, Lease, Renting, Obligation, Business, Security of tenure, Finance, Law and economics

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