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Realty Question
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Anonymous
Realty Question 2016-01-31 23:53:10 Post No. 1071249
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Realty Question Anonymous 2016-01-31 23:53:10 Post No. 1071249 [Report]
I've googled around including for the state in my country (Queensland Australia). But can anyone give me an indication what is the norm in this situation.

I'm renting a property and its been for sale, open houses every weekend, I don't care much. Its taken them a year because people aren't very interested in its location.

The lowdown: My tenancy ends in March, but they already had me renew for a 1 year rental agreement going from this coming march to next. If it sells before this agreement ends, would the next years still keep? Or would I need to move out before it initiates on the rollover date?

Evidence has led me to believe I'm safe in this matter, but obviously I want to try and be sure. I realise different countries may have different laws on it, but its been very difficult to find any fine print about this "window" of a situation.
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Anonymous 2016-01-31 23:58:41 Post No.1071254
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Anonymous 2016-01-31 23:58:41 Post No.1071254 [Report]
>>1071249
Meet the new owner, the law doesn't matter as much as your relationship with them.
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Anonymous 2016-02-01 00:17:06 Post No.1071271
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Anonymous 2016-02-01 00:17:06 Post No.1071271 [Report]
>>1071254
Thats the thing, its being sold by a Super Fund. The property itself is a 100% faceless investment of the state. I have a very good relation with the Realty Office. But we know salespeople are always two faced.
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Anonymous 2016-02-01 00:22:12 Post No.1071275
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Anonymous 2016-02-01 00:22:12 Post No.1071275 [Report]
>>1071271

Here is the relevant page OP

https://www.rta.qld.gov.au/Renting/During-a-tenancy/When-a-property-is-for-sale

Notably, if you want them to stop the open houses it looks like you can do so.

In answer to your main question, yes, your lease will be valid until next march even if the property sells.
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Anonymous 2016-02-01 01:07:52 Post No.1071346
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Anonymous 2016-02-01 01:07:52 Post No.1071346 [Report]
>>1071275
Beautiful also thanks for that link I see a lot of other handy stuff. You're a serious help anon!
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