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Rent apartment is put on sale just after two weeks we moved in

Rent apartment is put on sale just after two weeks we moved in

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Old Nov 2nd 2021, 5:05 pm
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Default Rent apartment is put on sale just after two weeks we moved in

Hi Everyone,

We just moved in our rental apartment for less than a month and the landlord's PA told us that the landlord is considering selling the property now.

Has any of you come across such situation? What options do you have? If the new buyer also intends to rent it out, can the contract be migrated? If in the end we have to move out, do i get to claim some penalty from the landlord?

Thanks
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Old Nov 2nd 2021, 7:42 pm
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Default Re: Rent apartment is put on sale just after two weeks we moved in

Would have thought it depends on whether you have a specified lease or not.
If you have just signed a 12 month lease, your landlord cannot just turf you out.
If no contract and on a month to month basis, then, as long as you get a month's notice no compensation would be forthcoming.
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Old Nov 3rd 2021, 10:37 am
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Default Re: Rent apartment is put on sale just after two weeks we moved in

Originally Posted by MyintD
Hi Everyone,

We just moved in our rental apartment for less than a month and the landlord's PA told us that the landlord is considering selling the property now.

Has any of you come across such situation? What options do you have? If the new buyer also intends to rent it out, can the contract be migrated? If in the end we have to move out, do i get to claim some penalty from the landlord?

Thanks
What country are you in ? You are posting on a ME forum



Last edited by UKMS; Nov 3rd 2021 at 10:39 am.
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Old Nov 3rd 2021, 11:01 am
  #4  
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Default Re: Rent apartment is put on sale just after two weeks we moved in

Originally Posted by UKMS
What country are you in ? You are posting on a ME forum
The OP's in the UAE (Abu Dhabi)
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Old Nov 3rd 2021, 11:51 am
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Default Re: Rent apartment is put on sale just after two weeks we moved in

Originally Posted by MyintD
Hi Everyone,

We just moved in our rental apartment for less than a month and the landlord's PA told us that the landlord is considering selling the property now.

Has any of you come across such situation? What options do you have? If the new buyer also intends to rent it out, can the contract be migrated? If in the end we have to move out, do i get to claim some penalty from the landlord?

Thanks
Assuming you have a regular 12 month contract you cannot simply be evicted unless you have breached the contract in some way.

I have known this happen a couple of times for the LL selling mid contract but everything was done by mutual agreement with the LL paying all associated costs to the tenant.
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Old Nov 3rd 2021, 7:32 pm
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Default Re: Rent apartment is put on sale just after two weeks we moved in

Originally Posted by MyintD
Hi Everyone,

We just moved in our rental apartment for less than a month and the landlord's PA told us that the landlord is considering selling the property now.

Has any of you come across such situation? What options do you have? If the new buyer also intends to rent it out, can the contract be migrated? If in the end we have to move out, do i get to claim some penalty from the landlord?

Thanks
Usually, it is sold with you in it. The buyer and seller will figure out who gets the rent you have paid/about to pay.

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