Q: I have been living in the same large rental community for the last decade. The complex was sold to a new company that is renovating units as the current renters move out and then reletting them at a much higher price. I recently learned they are not renewing people’s leases. Instead, they are offering tenants to move into one of the renovated units at a higher rent. Is there anything I can do to stay in my unit at the current price when I come up for renewal? — Neil
A: When figuring out your rights as a tenant, the first step is to review your lease agreement carefully.
A lease binds the landlord and tenant to what was agreed upon and cannot be changed unilaterally. If a landlord sells the rented property, the new landlord is bound to the same terms as before.
.png?w=600)
