Asked by
maurice fisher
on Nov 28, 2024
Verified
If the landlord sells the leased property, the tenant becomes the tenant of the new owner.
Leased Property
Real estate or personal property that is rented under the terms of a lease agreement between the owner and the lessee.
New Owner
A term referring to an individual or entity that has recently taken possession or control of an asset or property.
- Understand the legal differences among various types of tenancies, along with the responsibilities and privileges of both tenants and landlords.
Verified Answer
MS
Learning Objectives
- Understand the legal differences among various types of tenancies, along with the responsibilities and privileges of both tenants and landlords.