Full question:
00000000000 My brother is considering giving one of his tenants a lifetime lease that will allow the tenant to live rent free after a certain total amount of rent has been paid. He is also planning on including the tenant's boyfriend on the lease. The boyfriend is 30 years younger then the tenant. How will this affect me as heir to the property? There are three other apartments on the property which is contiguous with mine.
- Category: Landlord Tenant
- Date:
- State: Florida
Answer:
A lease is a contract between the landlord and tenant. Some life lease agreements permit the interest to be passed to the resident’s family through their will. The lease generally may not be terminated solely upon the death of the owner or transfer of the premises unless the lease so provides. Generally, when a new landlord enters, the lease is assigned to the new owner, and they are bound by the terms of the lease already in existence. I suggest you read the lease terms carefully to determine the rights and obligations of the tenants, as well as those of the landlord upon death or transfer of the property.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.
