Property Management

A Connecticut landlord sells a rental property with an existing tenant. Under Connecticut law, the new owner:

AMay immediately require the tenant to vacate since the new owner did not sign the original lease
BTakes the property subject to the existing lease and must honor its terms✓ Correct
CMust give the tenant 30 days' notice to vacate regardless of the lease
DIs not bound by security deposit obligations from the prior owner

Explanation

In Connecticut, a buyer who purchases a rental property with an existing tenancy takes the property subject to the lease. The new owner must honor all lease terms, and the existing tenancy continues unless the lease provides otherwise.

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