Q: Definition of "Sale" by FL law? How can a Landlord give 30 days notice to terminate a lease after sale of property
My lease for the house I'm leasing contains a clause pertaining to Termination Upon Sale of Property". It states "Notwithstanding any other provision of this agreement, Landlord may terminate this agreement upon 30 days written notice that the property has been sold".
I'm not understanding this part.
"Sale" is once title/ownership has changed hands, is it not? Would this 30 day period be written into a purchase contract for the home? Can't imagine any intending to live in the home would want someone occupying their house for the first 30 days of ownership. Any insight is appreciated.
A:
Really no way to say for sure without first reading the contract.
My guess is that most buyers will want to do an inspection prior to buying thus having the property empty in advance makes sense to me.
Consult with a real estate attorney on the issue.
A: It's hard to know what the terms of sale are, but the bottom line is - if your landlord gave you notice to terminate your Lease, you need to get looking for new accommodations. Best of Luck! Jennifer
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