Frequently Asked Questions: Does Selling the Farm Terminate an Existing Lease?

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This post should not be construed as legal advice

            I’ve currently been taking a few calls over the question, does your landlord’s selling the farm terminate your existing lease?  My best answer is no, but potentially it can.  The answer depends on the existence of a written lease and the terms in that lease.  The answer will also depend on whether the buyer had notice of the tenant’s existing lease. 

Click over to the Maryland Risk Management Education Blog to continue reading.