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Real Estate Information |
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Landlording And Other Aggravations
Here's the gripping story... You are the landlord of a small apartment building that you are offering for sale. You find a buyer and a sale is arranged. The tenants learn of the sale and ask if theywill be forced to move. How do you answer? You explain that it depends upon the leaseagreement. If the tenant signed a leasethey have the right to remain in the unitat least until the end of the lease... longerif the new owner agrees. In many cases the tenant signed a lease andremained after the lease term ended. At thatpoint their occupancy became a month to month tenancy. A month to month tenancy can be terminatedmerely with the landlord giving notice to thetenant. The length of the notice may begoverned by state law, but a 30-day notice iscustomary. In another situation the tenants learned that the apartment owner was in default on his monthly mortgage payments and the lender had begun a foreclosure action. All the tenants had time remaining on their apartment leases and they had no intention of moving. Bad news for the tenants... real property foreclosure law states that junior liens and leases are extinguished by a foreclosure. This means tenant leases do not have to be honored by whomever buys the property at the foreclosure auction. The tenants will receive due process by receiving a notice to vacate and if they don't move they will face an evicton lawsuit. About The Author Mark Walters is a real estate investor and author. His published works can be found at his web site: http://www.CashFlowInstitute.com
MORE RESOURCES: This Real-Estate CEO Is Waging War on Zillow The Wall Street Journal This real estate company trapped nearly 700 Oregon families in 40-year contracts that even affected their chi OregonLive.com Parents Use Decades of Home Equity to Help Their Kids Buy in a Tough Market The New York Times The Office Market’s Budding Recovery Is Leaving Most Cities Behind The Wall Street Journal Real Estate Transfers: Oct. 31, 2025 The Bedford Citizen Trump Organization said close to joining $63 billion Saudi-owned real estate project The Times of Israel Real Estate Transfers: November 17, 2025 The Owensboro Times Iconic coastal gem in Little Compton sells for over $1M: Weekly home sales Fall River Herald News Gahanna's $100 million Creekside District redevelopment moving forward after council OK The Columbus Dispatch Trump Project in Maldives Opens More Doors for Cryptocurrency Investors The New York Times Amplify your brand with a real estate podcast Inman Real Estate News Decay, Abandonment, and . . . Profits? An Unlikely Combination in Real Estate Markets Federal Reserve Bank of Philadelphia C-I Nov. 18, 2025, Real Estate Transfers pmg-sc.com PSERS commits $190 million to private real estate and private equity funds Alternatives Watch Uzbekistan Emerges as Key Market for China’s Real Estate Giants The Times Of Central Asia MCB Real Estate owns these other Station North arts district properties Baltimore Fishbowl NAR in 2026: A new plan, new leaders, fewer members RealEstateNews.com Martin Selig Real Estate secures lease renewal with state agency The Business Journals Texas Economic Outlook | November 2025 Texas Real Estate Research Center Membership Rules Are Changing for Real Estate Agents. What It Means for the Housing Industry. Barron's 41 years, 8 lessons, 1 truth about real estate that never changes Inman Real Estate News Column: Be prepared for 2025 Fairfield County real estate revaluations Westfair Communications The Trump Organization eyes real estate deal in Saudi government development: Report Middle East Eye Columbia County Real Estate: Six residential sales in past two weeks Magnolia Reporter Real estate transfers Findlay News | The Courier Kim Primus, GRI, Demonstrates Distinction in Real Estate 24-7 Press Release Newswire State's real estate market continues to grow while others start to slow down Jackson Hole News&Guide Adaptive Reuse of Vacant Real Estate for Data Centers: Investor Takeaways from the Cboe Headquarters Flip Morgan Lewis Sustainability meets investment at these Mexican real estate projects Mexico News Daily CALV Presents December Classes for Local Real Estate Pros Nevada Business Magazine LGI Homes (LGIH): Evaluating Value After Investor Interest Grows on Real Estate Optimism and Fed Rate Cut Expectations simplywall.st The National Observer: Government reopening doesn't mean things are back to normal The Business Journals 442K-sf Commons at Willowbrook sold Texas Real Estate Research Center 90K-sf World Cup Plaza shopping center sold Texas Real Estate Research Center REAL ESTATE BRIEFS | Resale News | Homes Las Vegas Review-Journal 900K sf of Harwood District office space sold Texas Real Estate Research Center 540-acre Viera master-planned community breaks ground Texas Real Estate Research Center Rice University’s $120M Gateway Project in the works Texas Real Estate Research Center John R. Wood Christie’s International Real Estate expands, pushes presence with new website South Florida Agent Magazine Who Benefits Most from Today’s Lower Mortgage Rates? Norada Real Estate Investments Popular Memphis restaurant on the move; home sales and prices tick up in Shelby County The Commercial Appeal 110 homes sold across Denton, other October local real estate data Community Impact | News Risk Spikes For Billions In Real Estate Investments As Federal Climate Funding Is Clawed Back Bisnow Engineering ESG: Cortland’s Sustainable Real Estate Leader Sustainability Magazine Alexander brothers, luxury real estate brokers, must face sex trafficking charges, judge rules abcnews.go.com Real estate mogul Peters, wife fight to halt auction of Pecos-area fly fishing ranch Santa Fe New Mexican Lakefront Coventry Township home sells for $1.7 million. See inside and the views Akron Beacon Journal MacDonald Highlands mansion tops October sales at $13.4M | Real Estate Millions | Business Las Vegas Review-Journal Real estate committee approves minutes, receives Ryze tax-incentive notice and votes to go into closed session Citizen Portal AI Clover Capital Partners acquires The Woodlands of Plano Institutional Real Estate, Inc. Eric Trump Shrugs Off Crypto Rout, Eyes Real-Estate Tokenization The Wall Street Journal Notable Leaders in Commercial Real Estate: Matt Judson BizTimes - Milwaukee Business News SVN | J. Beard Real Estate Facilitates Off-Market Sale of Vacant Quick Service Restaurant Property in Tomball, TX Woodlands Online Christie’s Brings in Ed Bruehl to Power Its Hamptons Expansion Behind The Hedges |
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