We are in a lease until December 31, 2012. Our rental management company notified us today that our home was being put up for sale this weekend by the owner. I've read different things but am wondering if we can get out of our lease because they are putting the home up for sale. There is nothing in the lease about selling other than giving them the right to put up signs or put a keybox on our house. We're in Texas. Any help is appreciated.
Answer
We really need to see your lease.
But ... the general rule is that the new owner will take the property subject to the rights of anyone who is currently living there; basically, he steps into the shoes of your landlord, and he has duties (and rights) under the lease. Talk to him and see what he says about you getting out of your lease.
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