Renting a home offers flexibility, but what happens when the property you’re living in is put up for sale? Many tenants worry about their rights and what changes they might face—but it’s important to know that there are legal protections in place to prevent sudden or unfair disruptions.
1. The Lease Still Stands
A lease doesn’t automatically end when a landlord sells the property. If you have a fixed-term lease, the new owner must honor it until it expires. Even on a month-to-month agreement, proper notice must be given before any changes are made.
2. You Can’t Be Evicted Without Cause
A new owner cannot evict a tenant just because they’ve purchased the home. If they intend to move in themselves or house a close family member, they may be allowed to end the tenancy—but they must follow legal procedures, including giving advance written notice and possibly offering compensation.
3. Showings and Access to the Unit
Landlords have the right to show the property to potential buyers, but tenants must receive proper notice before any visit. There are rules about the hours and frequency of showings, and your privacy must still be respected throughout the process.
4. Security Deposits and Rent Payments
When the property changes hands, your security deposit (if one was collected) transfers to the new owner. Rent continues to be paid as usual, though you may receive updated payment instructions once the sale is finalized.
5. Communication is Key
If your landlord informs you of a sale, don’t panic. Ask for clarity around timelines, your rights, and what the new owner's intentions are. Staying informed and proactive can ease uncertainty.
6. Legal Protections Still Apply
Tenants are protected from unlawful eviction or harassment, regardless of a change in ownership. If you’re unsure of your rights or feel pressured to move, it’s wise to seek advice from a legal resource or local tenancy board.
A property sale can be unsettling, but tenants have rights that remain in place through the transition. Knowing the process and what to expect can help you navigate it with confidence and avoid surprises.
