Q: If a apartment complex is under new management can they default on the old contract and start a new one?
My daughter received a letter from the new management of her apartment complex and it explained to her that her old contract was no good anymore. The new contract is requiring her rent to be raised $400 per month, pay new application fee, new security deposit, $300 dollar nonrefundable deposit for each pet, and has to pay to park.
A: Sale or management change of property does not change the terms of an existing lease or terminate an existing lease. The new owner/manager takes the property subject to the leases in effect until the specified expiration date in the lease. But when that lease expires, the new owner/manager can offer new leases and increase the rent, pet fees, security deposits, parking, etc. If the tenant does not accept, then the tenant must move. Use the Find a Lawyer tab to retain a local real estate attorney to review the current lease and contact the new owner.
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