I began my search for an apartment for myself and Jackson last December. After just a few days on craigslist, I started making appointments to look at some places. The first place I looked at was it...it was perfect. Great location, nice space, hardwood floors, dry basement, yard, clean and bright. I couldn't believe how easy it was to find a great place. And the landlord even seemed like a dream, low key and uninvolved; but, living close enough to be able to deal with any problems in a timely manner.
Last month, we got some new neighbors (it is a duplex). A family from NY (I think I slip back into my Long Island accent when I talk to them) with two boys, 4 1/2 and 2 1/2. Again, I couldn't believe my luck. I've always wanted to have neighborhood kids for Jackson. With Ruby and Sam across the street and the three boys now in the duplex, the play date potential was very exciting.
About 3 weeks ago, I received a call from my landlord. His message said, "Hi Erica, as you probably know, I have sold the building and the sale is contingent on seeing your unit. So, we will be around tomorrow to take a look." What! How could I possibly know that the building had been sold if I had not been aware that it was even on the market. The new owner came through and a few days later a contractor went through the duplex, as well. Last Friday, I received another call saying that the sale fell through and some new potential buyers would like to check it out with their inspectors. We were home yesterday recovering from a stomach virus. The potential buyers were two young women. I asked them what they were planning for the building and, as expected, they would be purchasing the building together and would each live in one of the two units. My heart sank.
Now that you have the rather long-winded background, here's my question. What are my rights as a tenant? I looked online and it seems as though the new owners will not be able to change my existing year lease. However, it also seems as though I can be given a 30-day notice without any real reason. Does anyone have any experience with tenant rights, either as a tenant or a landlord?
Oh, and if anyone is looking for a great piece of property as an investment, I've got one for you to look at. And, it comes with some great tenants, too.