Question

Fred Thompson rents an apartment under a two-year written lease. He has occupied the apartment for one full year, and now the landlord is selling the apartment building to a new owner. So far as Thompson's lease is concerned:

Answer 1

Answer:

The sale does not affect Thompson's tenancy  

Explanation:

• There are rules and regulation for tenants :
• The tenets could not have pets at the rent house
• The tenets should not play on the porch.  
• If the owner selling the house and if the tenets have an agreement for a long period then it won't affect the tenets contract. The contract will shift to the new owner.  
• Tenets could not afford or drink alcohol in a residential area.  

Thus here Thompson rent an apartment under a two-year tear contract. The contract will transfer to the new owner. It won't affects Thompson tenancy.