Apt bldg to be sold

[Wassdeet]

CA

I have lived in an apt in Sherman Oaks for 23 yrs and it appears that the bldg might be sold when present owner passes away. I checked the Landlord/Tenant act and being a senior I qualify for a substantial pay-off if that happens. However someone told me that if I am month-to-month I don't get anything and that only people who lease qualify?

 

[FarmerJ]

If a building is sold the only thing that changes right away is who you pay rent to so when you wrote > I checked the Landlord/Tenant act and being a senior I qualify for a substantial pay-off if that happens. However someone told me that if I am month-to-month I don't get anything and that only people who lease qualify? < what does that have to do with the sale of the building ? Is your community one that has rent control type laws ? Have you been given a formal notice to get out ?

 

[Wassdeet]

I wanted to find out if when tenants are relocated, if it matters that one tenant has lease and another month-to-month. Got my answer by calling Los Angeles Housing. Answer was "doesn't matter if leaseholder or month-to-month".

 

[Zigner]

I wanted to find out if when tenants are relocated, if it matters that one tenant has lease and another month-to-month. Got my answer by calling Los Angeles Housing. Answer was "doesn't matter if leaseholder or month-to-month".

Who says you'll be relocated?