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