What is a lawyer?
The lawyer is a situation where someone recognizes and accepts the transfer of legal rights. The classic situation in which lawyers appear is when the property is sold, and the tenant recognizes the buyer as his new landlord. People can also recognize the rights of a court that usually does not have jurisdiction over them. There are a number of ways a lawyer, from the signing of a formal agreement to a stay in the rent after sale to indicate the acceptance of a new landlord. When the Lord wanted to sell or transfer property, the ownership rights could not be transferred without the consent of the tenants. This proceedings were designed to give tenants a chance to refuse a new master if they wanted. In the modern era, tenants cannot block the sale or transfer of assets by refusing the legal matter, but they may decide to leave without a punishment unless the legal representation clause in their rental has been included.
If the leasing contract contains inThe legal representative means that the tenant agrees to recognize the new landlord if the property changes his hands while the tenant is still good. The new landlord must, in turn, agree to recognize the terms of the lease. In situations where the legal representation clause has not been added to the lease agreement, tenants are informed when the property is sold and have the opportunity to stay and, if necessary, sign a form that indicates that it recognizes a new landlord or outgoing.
The provisions on legal representation are one of the many reasons why tenants should always carefully read their rental agreements and ask for parts that they do not understand the explained before signing. For a long rental or comprehensive commercial lease, it is advisable to consult a lawyer to review the terms of the lease agreement and confirm that they are favorable and acceptable. It may be especally important to be aware of the presence or lack of a legal representation clause.
If landlord tenantAlthough the property is sold or purchased by the bank, tenants should become acquainted with the possibilities if the legal representation clause is not part of the lease. Tenants may want to be aware that although they may decide that the new owner may or may not honor the rental conditions.