If a building that we lease office space at was sold and the contract states that with the sale the contract carries over, is there a statute of limitations on the new owner establishing a new contract/lease with the tenants that remain in the building after the sale? In other words, is the new owner required to make up a new lease within a certain time, or is the old lease good until the lease term ends?
Also the old owner remains as the managing landlord and is not keeping up with maintenance and upkeep of the building, is this grounds to break the lease?
Also the old owner remains as the managing landlord and is not keeping up with maintenance and upkeep of the building, is this grounds to break the lease?