Posted by Frank Chin on March 13, 2001 at 05:31:17:
I’m in a similar situation, though I’m selling the property. I have a lease with a current tenant which will be assigned to the new owner. I do not believe a lease can be cancelled by a sale of property unless its stated in the leaase.
I don’t have a legal form for it. But my attorney advises me that prior to closing, the current tenant will be notified by letter the assignment of the lease to the new landlord, the new landlord’s name, and starting date for making payments to the new landlord.
Believe you’ll have to provide similar notification.