What you need to know if a tenant or landlord changes, or if the house is sold.
In this section
Sometimes during a tenancy the landlord changes and a new landlord takes over. This could be because a different property management company takes over the tenancy, the landlord goes overseas, or the rental property is sold.
Tenancies can only be changed if the landlord and all tenants (everyone named on the tenancy agreement) agree. If any of the tenants change, everyone else has to agree.
Selling a property can be a stressful event at any time. When the property in question is rented, all parties need to be aware of their rights and responsibilities.
A mortgagee sale happens when a person can’t pay back money they owe to the bank. The bank sells their property to get back the money it’s owed.