What happens if you get an apartment but the landlord dies?
curtisports2
If there is a lease, the estate and any successor to the landlord's obligation must honor it. You pay the estate until such time as the property is sold and title is transferred. If there is no lease, you are month to month. You live there until such time as you or the estate serves notice per state law that one of you is ending the rental agreement. You continue to pay the estate up to your last day.
Slabberdasken
Nothing as long as you still have a valid lease.
Simply
what you you think they do? tear it down and bury him underneath? if you have a current lease, you can at least stay through the end of the lease. the landlord's heir becomes your new landlord. the building could be sold and the new owner would be your landlord.
regerugged
The current leases are still binding on whoever takes over the property.
Slumlord
The heirs typically assume the lease and keep collecting rent until the lease ends. When the lease ends they will probably give you notice to leave to sell the place, but they could just keep it rented. If they want you out before the lease ends they will probably have to offer you cash to leave but this is very rare - leases are generally about a year long and it can take this long to work out the probate.
Anonymous
You can pay rent to the executor of the estate. Some leases can end upon death of either party, but you'll need to read it, and/or ask the executor. They'll tell you what you need to do.
Glenn S
If you have a written lease the heirs of the landlord must honor that agreement. If you are on a month-to-month tenancy then your fate is in the hands of the executor of the estate. Without a lease the executor could require you to move within 30 to 60 days depending on the state law where the property is located. But again he could allow you to continue living there on a month-to-month basis.
Nuff Sed
What happens? From the viewpoint of a tenant, "nothing" happens. Whether your landlord has sold the property, died and left it to others, or other transfer of title shouldn't affect your obligation to pay rent and their obligation to provide you with a habitable place to live. In the longer term, the new owners may be able to change things, depending upon your lease, the mortgage, and your state laws, among other things. There are too many variables to guess, assuming they feel the need to change ANYTHING.
ron h
Save up the rent money--don't spend it. Someone inherited the property and you'll need to pay them rent.
StephenWeinstein
Usually, whomever inherits the property from the landlord lets you stay and pay them the rent. Sometimes they want to move into the apartment, so you have to leave, but that's not common.
dog ma
Your lease is still valid and the estate and any new buyer must honor it. You continue to pay rent as you always have until you are formally notified to pay it to someone else. Until the estate is settled, you may be asked to make checks payable to "Estate of" the landlord, but no one is going to kick you out just because the landlord died.
p
I expect that the heirs of the property will take over the rental property. And then they will be your new landlords.
sunshine_mel
The property, and lease, pass to the new owner. If he hasn't left a will, this may not be immediately clear. So until informed otherwise, you continue paying rent as per your lease.
Marla
Basically, someone will inherit the landlord’s rights to the rent (be it a relative, a friend, or ultimately the government). In many cases, if the landlord has family, you will find out quickly. However, until the estate of the landlord goes through probate, you may not really know who you owe the money to. But you do owe each and every month to someone. In a situation like that, you probably want to consult a lawyer with experience in real estate law. You probably slso need to set up an escrow account where the money you owe is deposited, so when it is finally due you can pay it. Otherwise, you could think you lived rent-free for months, only to be asked suddenly to repay, plus interest.
Anonymous
Depends on the outcome of the will and probate.
rick29148
that's up to what is in his will ............................................
Damien
well the landlord is probably paying mortgage on the apartment you are renting, so wait for the bank people to come kick you out when the dead landlord isnt making his monthly mortgage payments.