New Owner and leases

[smurphy5]

What is the name of your state? Ohio
I have a 12 month lease thats not up until August 08.New owner took over. Now wants me to sign a new lease with a rent increase no grace period. I know they don't have to give me a grace period but to have the rent do on the 1st and by the 2nd I have a $75 late fee. Also has a clause that they can tell me to get rid of my pets at any time.Some other nonsense things in the new lease. Ok what I want to know is if I have to sign this new lease? Also if I don't sign it how hard can they make my life?
Thanks for your time

 

[ecmst12]

The new owner is bound by your existing lease so he cannot force you to sign any changes until it is up. If you don't like the new terms, you should prepare to move when your lease is up.

 

[smurphy5]

Thanks for your quick answer