Can Your Landlord Really Sell Your NYC Apartment? Tenants, Know Your Rights!

Can Your Landlord Really Sell Your NYC Apartment? Tenants, Know Your Rights!

** Can Your Landlord Really Sell Your NYC Apartment? Tenants, Know Your Rights! ** Can Your Landlord Really Sell Your NYC Apartment? Tenants, Know Your Rights! is tenant protection under NYC law. This status shields your lease during a building sale. ** Right to Occupancy Remains Key Sales usually do not end your lease. Studies indicate buyers accept existing rent rules and tenant rights. Research shows stable terms reduce move costs for renters. ** Lease Terms Stay Active After Closing Your rent, repairs, and notice procedures remain the same. New owners must honor the original lease length. Occupancy continuity often surprises sellers expecting turnover. ** Simple Takeaway A sale changes ownership, not your basic lease protections. ** H3 Can the landlord evict me right after a sale? A No, valid leases protect occupancy until their end, outside renewal terms. H3 Does the rent increase when ownership changes? A Not automatically; rent hikes must follow NYC lease or rent laws.

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