In a lease agreement with a non-disturbance clause, what can tenants expect regarding ownership transitions?

Study for the University of Central Florida REE3433 Real Estate Law Exam. Engage with flashcards and multiple choice questions, with hints and explanations for each question. Prepare effectively for your test!

In a lease agreement that includes a non-disturbance clause, tenants can expect to retain their rights and interests in the property even if the ownership changes. The primary purpose of a non-disturbance clause is to protect the tenant's tenancy and rights in the event that the property is sold or transferred to a new owner. This means that the new owner must honor the existing lease agreement, thereby ensuring that the tenant can continue to occupy the premises and that their lease terms remain intact.

This assurance is vital for tenants, as it provides stability and security amid potential changes in property management. Without such a clause, a new owner could potentially disrupt the tenant's tenancy by not honoring the lease agreement or by evicting the tenant without cause. The presence of the non-disturbance clause mitigates this risk and adds a layer of protection for the tenant's rights during ownership transitions.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy