East Chicago, IN asked in Real Estate Law and Landlord - Tenant for Indiana

Q: I had a 1 yr lease with month to month after that. does the new owner have to give me a new 1 year lease at same price?

I have lived here for over 5 years. The first time the building was sold, the new owners gave me a new 1 year lease at the previous rate with a month to month after that. Now the new owner wants to make me move so he can raise the rent $200.

1 Lawyer Answer

A: No, the new owner does not. If you're month the month the owner can actually raise the price after each month (with one month's notice).

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