Question
Maha has a lease to rent an apartment until December 31, 2020, at $1,500 per month.The owner of the apartment building has just sold the
Maha has a lease to rent an apartment until December 31, 2020, at $1,500 per month.The owner of the apartment building has just sold the building to Jean-Louis.Jean-Louis sent Maha a notice, telling Maha that he is raising her rent to $1,600 per month, immediately.
A.The new owner has the right to increase rents - he is not bound by the previous owner's agreements.
B.Maha can enforce her lease against Jean-Louis, just as she could against the previous owner.
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Managing the Law The Legal Aspects of Doing Business
Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer
4th edition
133151565, 978-0132164429
