Landlord Issues Landmark ruling... Landlord Must Pay Rent to Buyer.
5 Articles
5 Articles
The Supreme Court ruled that for a rental property whose monthly rent was paid in advance, the rent for the period following the purchase of the property must be given to the new owner.
The Supreme Court has ruled that if a house is sold for which rent has been paid in advance, the rent for the period after the sale date cannot remain with the previous owner. This landmark decision affects millions of people who buy and sell their homes.
The Supreme Court has issued a landmark ruling regarding property sales. If rent has been paid in advance, the new homeowner will receive the payment.
The 3rd Civil Chamber of the Supreme Court of Appeals ruled that in cases where a house for which rent has been collected in advance is sold, the rent for the period after the transfer of title must be returned by the previous owner to the new owner.
The 3rd Civil Chamber of the Supreme Court of Appeals overturned a local court's decision that the portion of the rent paid in advance that corresponds to the period after the sale should not be returned to the new landlord, finding it unlawful. According to this landmark ruling, the new owner who acquires the property with the rent paid in advance can demand a refund from the previous landlord for the rent corresponding to the period after the …
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