lease agreement

[frogdahl]

We just moved into a house and hadn't signed the month to month. We found out they have the house on the market. So the homeowner said she was willing to sign a year lease with us. If the house sells, in the state of Oregon, does the new home owner have to honor our lease or does the present landlord have to compensate us somehow?

 

[Tracey]

When you have the one year lease signed, record it on the parcel number of the house. The new owner takes the house subject to your existing lease and can't make you move if you don't want to. If the current owner or the new owner wants you to move, they have to bribe you. Make them pay you any moving expenses and any extra rent you have to pay at the new place. In other words, charge all the traffic will bear!

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This is not legal advice and you are not my client. Double check everything with your own attorney and your state's laws.