Real Estate Law
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Your lease is still intact. Until the change of ownership, you would continue to pay your rent to the current owner, your current Landlord. Your Security Deposit is still with your Landlord. If you do not pay your rent, your Landlord can send you a three-day notice to pay or vacate and would by law keep your deposit to make up for the back rent, but must give you a notice of his/her intention to retain the deposit within 21 days of you vacating the property in order to keep the deposit. For more information, click on the links below:
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