Hi,
Just looking for a bit of advice regarding the landlord selling the house. We have been happy tenants in the house for almost 3 years and have recently been informed by the landlord that they are going to sell the house. Bit disappointing as we were hoping to get at least another year here and didn't really want to have to go through the hassle of moving just to rent again but unfortunately we're not in a position to be able to buy just yet. Also kind of disappointing to be told at 8pm last Thursday night as we were looking forward to a stress free long weekend, but guess there would never be a good time for that call. And we always knew when renting that this would probably happen one day.
Anyway onto the relevant bit, we have a fixed term tenancy ending 31st July 2015, everything is above board with a proper tenancy agreement and bond lodged. I have discovered tonight the place has been listed for sale on Trademe with the ad using language like "to be sold by deadline private treaty (by 2 May)" and "Just move in and start living, or retain the current tenant." As far as I understand it, we cannot be made to move out before 31st July can we? I don't think any new owner can "just move in" can they?
Also what does the deadline private treaty by 2 May mean? I assume this just means offers to be submitted by then rather than house to be sold by then? There is also no mention in the ad that there are current tenants until 31 July which he told me over the phone he would include.
Thanks for any advice.
Just looking for a bit of advice regarding the landlord selling the house. We have been happy tenants in the house for almost 3 years and have recently been informed by the landlord that they are going to sell the house. Bit disappointing as we were hoping to get at least another year here and didn't really want to have to go through the hassle of moving just to rent again but unfortunately we're not in a position to be able to buy just yet. Also kind of disappointing to be told at 8pm last Thursday night as we were looking forward to a stress free long weekend, but guess there would never be a good time for that call. And we always knew when renting that this would probably happen one day.
Anyway onto the relevant bit, we have a fixed term tenancy ending 31st July 2015, everything is above board with a proper tenancy agreement and bond lodged. I have discovered tonight the place has been listed for sale on Trademe with the ad using language like "to be sold by deadline private treaty (by 2 May)" and "Just move in and start living, or retain the current tenant." As far as I understand it, we cannot be made to move out before 31st July can we? I don't think any new owner can "just move in" can they?
Also what does the deadline private treaty by 2 May mean? I assume this just means offers to be submitted by then rather than house to be sold by then? There is also no mention in the ad that there are current tenants until 31 July which he told me over the phone he would include.
Thanks for any advice.
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