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

When a landlord sells a rental property in Florida, tenants have certain rights. Tenants are entitled to the same protections they would have had if the landlord still owned the property. Tenants can expect their rights to remain intact, unless specified in their rental agreement. These rights may include the time frame of their lease, the amount of rent they pay, and other terms of the agreement. When a landlord sells a rental property, the new owner is expected to honor the terms of the lease. This means that the new landlord must allow tenants to remain in the rental unit at least until the end of the lease. The new landlord is expected to honor the terms of the lease, such as the rent amount, unless the tenant agrees to an increase. The new landlord is also not allowed to alter the terms of the lease unless both parties agree. If the landlord is selling the rental property and the tenant decides they no longer want to remain in the property, the tenant has the right to stay until the end of their lease. Tenants may also implement their right to break the lease without penalty if the terms of the lease are changed. Tenants should receive written notice from the landlord if the property is being sold. This notice should include the name and address of the new landlord, the date of the sale, and any changes to the lease. Ultimately, tenants have the right to remain in the rental until the end of their lease. They also have the right to break the lease without penalty if the terms of the lease are changed, and to receive written notice of the sale.

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

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