North Bergen, NJ asked in Contracts for New Jersey

Q: Can the new owners of a multi family home make changes our current two year lease? They want a month to month lease?

I was told that any new owners would have to accept our current lease.

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1 Lawyer Answer
H. Scott Aalsberg Esq.
H. Scott Aalsberg Esq.
Answered
  • East Brunswick, NJ
  • Licensed in New Jersey

A: Much more information would be needed to be known to properly answer your question. A lot would depend on the township you are in and whether they have rent control as some do in NJ. Other factors also exist even if your town does not have rent control on what the new owner can do also. I suggest you setup a consultation with a lawyer, expect the lawyer to charge you a fee for their time to look up the law in your particular town and apply it to the facts of your case during the consultation, but the answer may be worth it for you.

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