Sale of Premises - What happens if the property is sold?

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The buyer becomes the new landlord. There is no change to the terms of your agreement, and it is not a trigger for a rent increase or a change to a new fixed term.

You just pay rent to a different landlord, possibly also using a different method of payment.

 

Information supplied courtesy of the Tenants Union of ACT

Further information and advice for ACT tenants can be sourced from

www.tenantsact.org.au