Can I sell property with tenants on lease

908 votes

The landlord can very well sell his property, however since you are under a registered lease agreement with the landlord, it becomes the duty of the landlord to inform the lessee as well as to the new buyer about the existing lease on the property. Let the buyer buy or not, the landlord cannot evict you by illegally terminating the agreement without observing the terms and conditions of the lease agreement, nor the new buyer can do it. if the buyer agrees t the terms of selling that he shall accept the tenancy of the lessee and shall repay the caution deposit, he can buy the property or else it is choice. However since the buyer steps into the shoes of the landlord, he is liable to pay the deposit amount to the tenant on the expiration of the lease period.

Advocate T Kalaiselvan LawRato

817 votes

sir
There is no bar under the law to sell the property which is under tenancy/lease agreement. by way lease or tenancy, the possession of the premises was only given to you. but for transfer of title deed you don't have a say. Further, if any clause exists in the agreement/tenancy which is between you and your original landlord with regard to transfer during the tenancy/lease period, then it will affect the transfer that too only to the extent of your possession not more than that. during the period of lease/tenancy, original landlord or present one cannot disturb you without following due process of law before appropriate forum.

Advocate N Sudalai Muthu LawRato