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Forum / Leasing Issues / Maryland Property sold does the old lease still stand
I recently bought a property in Maryland and the tenant states that the old lease is no longer valid. Is the old lease still valid in Maryland if there is no termination letter from anyone?
Annette J, MD on Tuesday, March 3, 2020
RE: Maryland Property sold does the old lease still stand
Check with your Real Estate Agent as it varies by state. That should have been covered before the purchase. Almost all states require new landlords to honor the existing leases until they expire.
Posted by Matthew M, IL on Thursday, March 5, 2020
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