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Tina
Tina, Lawyer
Category: Real Estate Law
Satisfied Customers: 5436
Experience:  17 years of legal experience including real estate law.
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MY HOUSE LEASE WAS YEARS, i HAD TO RETIRED ISSUES AND HAVE

Customer Question

mY HOUSE LEASE WAS FOR 2 YEARS, i HAD TO RETIRED FOR HEALTH ISSUES AND HAVE ASKED TO TENANT THE I WOULD LIKE TO SELL THE PROPERTY. BUT WOULD LIKE THEM TO STAY AND THE NEW LANDLORD OR INVESTOR TO CONTINUE THE LEASE. NOW THEY ASKED FOR 26,500.00 TO BUY OUT THE 2 YEAR LEASE WHICH IS ABOUT A YEAR'S RENT? I AM OBLIGATED TO PAY THEM THAT MUCH.
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  Loren replied 1 year ago.

Good afternoon. I am Loren, a licensed attorney, and I look forward to assisting you.

Expert:  Loren replied 1 year ago.

Do I understand correctly that they are free to stay under the current terms of their tenancy? Is there a written lease or are the tenants month to month?

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