we have a fixed term lease until 10th October 2021.
the new owner is keen we stay as tenants until July 2022.
Settlement date for the sale of the property is July 2021.
I anticipate we will sign a new lease in a few weeks (in July 2021) from 11th October 2021 until July 2022
and all will be well and agreed.
*If the new July rent stated on the new lease exceeds our willingness to pay and a rent negotiation fails
can we be 'paid out' and our current lease terminated in some way and we be asked to leave before 10th October? or are we totally protected until 10th October because the lease was current at the time of sale?
*Can the new owner organise renovations (eg. new tiles / balcony timber replacement / etc) while we are present?
should these upgrades wait until we leave and the new owner takes vacant possession?
I do not consider them 'repairs' for our benefit and anticipate that this would contravene our right
to 'peaceful occupation' of the property.
These things have not happened yet. there has been talk along these lines.
Being "fore-warned is fore-armed" for any future negotiations.
Thnku
the new owner is keen we stay as tenants until July 2022.
Settlement date for the sale of the property is July 2021.
I anticipate we will sign a new lease in a few weeks (in July 2021) from 11th October 2021 until July 2022
and all will be well and agreed.
*If the new July rent stated on the new lease exceeds our willingness to pay and a rent negotiation fails
can we be 'paid out' and our current lease terminated in some way and we be asked to leave before 10th October? or are we totally protected until 10th October because the lease was current at the time of sale?
*Can the new owner organise renovations (eg. new tiles / balcony timber replacement / etc) while we are present?
should these upgrades wait until we leave and the new owner takes vacant possession?
I do not consider them 'repairs' for our benefit and anticipate that this would contravene our right
to 'peaceful occupation' of the property.
These things have not happened yet. there has been talk along these lines.
Being "fore-warned is fore-armed" for any future negotiations.
Thnku
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