What are the rights of tenants when a landlord sells a rental property?

When a landlord sells a rental property in Arizona, tenants have a few rights under Landlord and Tenant Law. First, the tenant must be given reasonable notice that the landlord intends to sell the property. Notice can be provided by the landlord in writing or by posting a sign on the property. The length of notice varies by the type of lease; however, it is typically 30 or 60 days. When the tenant receives the notice, they have the right to stay in the rental property and continue their lease until it expires. The tenant cannot be evicted due to the sale unless the lease has a provision explicitly allowing for eviction. On the other hand, the tenant may also choose to terminate the lease and move out early. Once the sale is finalized, the tenant will have a new landlord. The new landlord must provide the tenant with their contact information and the new owner must uphold any existing rental agreements. The new landlord is legally obligated to make any repairs or provide any services that were previously promised by the old landlord. Finally, upon vacating the rental property, tenants have the right to receive their security deposit back from the new landlord. The tenant must provide their forwarding address so that the landlord can return the security deposit in a timely manner. In conclusion, Arizona tenants have several rights when a landlord sells a rental property. Most importantly, the tenant has the right to remain in the property until the lease expires and the right to receive their security deposit back when they vacate the property.

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What are the rights of tenants when a landlord sells a rental property?

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