Landlord sold flat - Can new Landlord increase rent



ORIGINAL POST
Posted by Yogini 19 yrs ago
We just signed a new contract in December 2006. Now the old landlord sold the flat and new landlord wants us to sign a new contract and increase the rent. Is this legal?

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COMMENTS
Claire 19 yrs ago
http://www.hkclic.org/en/topics/landlord_tenant/landlordSellsThePropertyWithExistingTenancy/q2.shtml

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associates 19 yrs ago
Sounds very much like the new landlord is trying to pull a fast one on you......assuming your contract is for say another 1 year......then the "old" deal stays in place. IF you are referring to the "next term" of the lease ....the landlord can charge whatever he likes OR indeed show you the door! It is always best to have a lawyer look at the lease itself though.



Weir & Associates

Solicitors & Notaries

2108 Gloucester Tower

The Landmark

15 Queens Road Central

Hong Kong

Tel : 2526-1767

Fax : 2868-3568

email : weirlaw@hongkonglaw.com

www.HongKongLaw.com/weirlaw

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Yogini 19 yrs ago
Thanks for your advice. Our contract is valid for two years as of December 2006.


Therefore the new landlord should have no right to make any changes to the current contract.

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Claire 19 yrs ago
Correct, the landlord would have purchased the flat knowing there was a tenant. Sounds as if the new landlord was hoping you wouldn't know the law. Cheeky b@stard. BTW, make sure you get your deposit sorted out.

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spaceren 19 yrs ago
The new tenancy agreement must be stamped to be relied upon - if not, run to the IRD and do it yourself!

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