so for past due amounts, that would be a claim that arose between the contracting parties, ie the initial landlord, and the tenant; as such any past due amounts would be payable to the initial landlord. The landlord would have "standing" to sue for past due rents; the current landlord generally would not as the current landlord was not a party to the contract (unless the contractual agreement provided that the initial landlord transferred of all his rights/obligations to the new landlord).
Generally the lease will specify what happens upon the sale of the property; if there is no such provision, then the lease continues, until it expires by the terms of the lease. Any lease that becomes due is payable to the current landlord.
While the landlord does not need to notify the tenant of the sale, once the sale is complete the landlord must transfer the security deposit to the new owner, and provide the tenant the new owner's name and address.
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Information provided is for educational purposes only. Consultation with a personal attorney is always recommended so your particular facts may be considered. Thank you and take care.