Property Management
A Minnesota residential landlord wants to sell their rental property that has a tenant with 8 months remaining on their lease. The landlord can:
ARequire the tenant to vacate immediately since the property is being sold
BSell the property subject to the existing lease, with the buyer taking it subject to tenant rights✓ Correct
CTerminate the lease with 30 days notice since it is being sold
DOnly sell the property to the tenant first
Explanation
In Minnesota, a property sale does not terminate an existing lease. The buyer purchases subject to the lease and must honor it for the remaining term.
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