Property Management (alternative)
In Maryland, when a landlord sells a property, existing residential leases:
AAre automatically terminated
BAre assumed by the new owner and remain binding✓ Correct
CConvert to month-to-month automatically
DRequire tenant's written consent to continue
Explanation
In Maryland, the sale of a rental property does not terminate existing leases. The new owner takes the property subject to all existing leases and is bound by their terms.
Related Maryland Property Management (alternative) Questions
- Under Maryland's Condominium Act, a condominium association has the power to:
- A Maryland commercial landlord seeking to increase rent must typically:
- A Maryland commercial property manager must understand that 'net effective rent' is:
- Under Maryland law, interest earned on security deposits held by landlords:
- Under Maryland law, a landlord who charges more than the allowed security deposit maximum (generally 2 months' rent) is:
- A Maryland commercial landlord's right to distrain (seize) a tenant's personal property for unpaid rent:
- In Maryland, a commercial tenant's common area maintenance (CAM) charges typically cover:
- Under Maryland law, a residential landlord must return a security deposit within how many days after tenancy ends?
Practice More Maryland Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Maryland Quiz →