New Owners Won’t Honor Lease Signed Before They Bought Property
location: Missouri. basically what the title says, we signed our lease renewal in April and it goes into effect today July 1. between then and now the property has been sold to new owners. upon getting on our app today to pay rent we noticed the rent amount didn’t reflect the amount on our lease we signed in April so we reached out to the new owners for correction. they are refusing to honor it “because that lease was signed with a different company”. now they want us to pay the incorrect rent amount today and then after a walkthrough of our apartment we will be able to do another lease renewal with a much higher rent. not sure if this is allowed and would appreciate any input!
UPDATE 7/2: we have spoken with a lawyer today and they literally said “too bad so sad a lease is a legally binding agreement” XD we sent them all the info they needed and they’re going to draft a letter to send to the owners with our demand for the lease agreement to be honored. thanks for the advice everyone!
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