Taking Occupancy of Duplex

[klyons3200]

We are about to purchase a duplex and want to move into one unit. The tenant has a lease with the previous owner. I know in most cases the law is that the tenant has the right to complete the lease. Are the laws different if I as the owner plan to move in? We live in New Jersey.

 

[jon_]

It would bring an unequitable result if you were able to oust the tenant just by purchasing the duplex... unless there is a clause in the lease that provides for such in the event that there is a change in ownership. I doubt that this is the case and so you will probably take the property subject to the lease. However, I'm sure you'll enjoy it when the lease terminates!