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    Increasing $25 for the existing tenant in newly acquired property ?

    I would be interested in a (non-advice) legal opinion on this. Anyone? Yes, a fixed lease by the previous owner binds the new owner per the Department of Fair Trading. Is non-disclosure of a lease sufficient to rescind the contract of sale, or does acknowledging the tenant by settling imply...
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    Increasing $25 for the existing tenant in newly acquired property ?

    Because John said he hasn't signed anything, and he is now the owner. Having sold, the vendor has no right to rent out the property, nor bind JohnH in contract. If I sign a lease, without your agreement, that you will pay my rent, will you be forced to abide by the lease? If I sell my house to...
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    Increasing $25 for the existing tenant in newly acquired property ?

    That wouldn't work, since the current owner hasn't signed anything. Though a question for PMs out there: what happens if there is no written agreement anywhere? Not just going off a periodic lease into month to month, but not having a lease at all? How is rent determined? The sales contract no...
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    Increasing $25 for the existing tenant in newly acquired property ?

    Private arrangement isn't the same as vacant possession. Why were you willing to settle when clearly it wasn't vacant? Right now, if I were you, I'd issue a notice to vacate, so the clock starts ticking, and offer the tenant a new fixed lease. If they don't want to, get them out and find a...
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    Increasing $25 for the existing tenant in newly acquired property ?

    And you were ok with this when you settled the purchase? Why?
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