Landlord wants to terminate lease to sell property. What should i do?
Full Question:
Answer:
Generally, when a lease is signed, the terms of the lease will govern early termination of the lease. If the lease terms don't allow for early termination, the landlord may be held liable for the remainder of the lease, unless the landlord can prove a breach of the lease terms by the tenant. The landlord has a duty to supply occupancy of the premises during the terms of the lease. An existing lease is often assigned to a buyer in the sale of a property. If the lease doesn't allow for termination due to sale or otherwise, the landlord would be in breach of the lease for denying you access. In order to waive a claim for breach of lease, it will be a matter of negotiation between the parties. Some of the factors you may consider include the increased rent and moving expenses you may incur to relocate, the inconvenience involved, etc. A court will award the tenant's reasonable moving expenses to new living accommodation, and the tenant's reasonable additional expenses if a landlord unlawfully denies access.
