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30 day notice

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We got a 30-day notice from landlord stating that they will end our month-to-month lease. However, we have a 5-yr lease signed from previous landlord/owner, which was purchased by the new landlord recently.

Now the new landlord wants to make us move out. Since we have a 5 yr lease and we had fair amount of investment in the leased store, we don't want to move out. Can we choose to stay there legally? We still have propeties in the leased store. If we decide NOT to move, do we lose our deposits and properties, etc. and can they legally lock us out?

If the landlord is breaking the lease for their own interest, can we sue them for breaking lease and request for damages (our investments, lost of sales, moving expense, etc.) ?

Thanks in advance for your advice!



Change of ownership of building

If your 5-year lease was valid in the first place, the new owner purchased the property subject to the lease. In other words, you kept the lease when the building was sold. Your rights now are exactly the same as they were before the sale; therefore, they can not legally evict you, except under the terms of the lease, and they can not legally lock you out.

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