Am I Entitled To A Deposit Return When Landlords Change?
My landlord sold the building to someone else and i need to know if I'm entitled to the security deposit pay for even if I'm still staying in the apartment.
Answer:
It all depends on the agreement between your landlord and the unusual buyer. Basically, while selling the property to the new owner, it would be specified that whether the new buyer wants to preserve the property in its present form, i.e in your case, whether he still wishes to give it out on rent to the same people. Or he wishes some other arrangement. You must ask this from your old landlord, as well as achieve a confirmation from the new landlord, better if in written form. If they confirm that the property would remain within its current form, you don't need to have your deposit back, as it would be transferred to the foreign owner automatically and the new owner will be liable to pay you the amount.
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Answer:
It all depends on the agreement between your landlord and the unusual buyer. Basically, while selling the property to the new owner, it would be specified that whether the new buyer wants to preserve the property in its present form, i.e in your case, whether he still wishes to give it out on rent to the same people. Or he wishes some other arrangement. You must ask this from your old landlord, as well as achieve a confirmation from the new landlord, better if in written form. If they confirm that the property would remain within its current form, you don't need to have your deposit back, as it would be transferred to the foreign owner automatically and the new owner will be liable to pay you the amount.
Resolved Questions:
I'm Sick And Tired Of Living In The City, And Am Thinking About Buying...
Everyone dreams of owning a large parcel of land without neighbours surrounded by your face. But there are considerations to consider before purchasing house. Here are some of my observations as a long time rural home owner who has owned...
Which Of These Is The BEST Explanation For Why Slave Owners During...
Well you would need to tell us the options
I Did Not Pay A Security Deposit And Now More Then 30 Days After I...
Yes they can charge you for cleaning after you vacate. Unless you have solid proof that the place was in equal or better condition when you moved out then when you moved in. They can legally charge you.