What is the name of your state? Minnesota. I live in a side by side small house. My landlord is a man who owns 10 of these side by side houses via an LLC. He died suddenly in May. His wife and family really don't have the stamina to be the property owners. They are looking at selling the entire lot of 10 houses to a "broker" real estate type person.
My question is, if I am in a year long lease with the current owner does the new landlord have to honor that lease or can they cancel the lease and evict me to renovate the side by side houses. I hear they are wanting to drop quite a bit of $ into the side by side units and resell.
Thank you.
My question is, if I am in a year long lease with the current owner does the new landlord have to honor that lease or can they cancel the lease and evict me to renovate the side by side houses. I hear they are wanting to drop quite a bit of $ into the side by side units and resell.
Thank you.