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Querist :
Anonymous
(Querist) 06 October 2010
This query is : Resolved
Sir,
My father is having a book store in Mumbai which is rented, since the year Jan 1977. TIll today we are paying rent every month. Now suddenly the owner of the building has decided to sell the property to some party without informing the tenants of the building. It is a 3 storyed building with some 6 shops on the ground floor. The building is in a very bad condition so we requested her to renovate the building but instead of renovating now she has planned to sell it to other party. Now sir, i would like to know can the owner of the building sell the property to other party without asking the tenants. If she can sell it to other party, then the new party will they tell us to vacate the place. Kindly advise me.
Regards
Veena Rao
M V Gupta
(Expert) 19 October 2010
There is no legal prohibition for the Land lady selling the property without consent of the tenants. The sale will be subject to the existing tenancies. The purchaser will be bound by the existing agreements with the tenants. He cannot ask the tenants to vacate simply because he had purchased the property.
