Landlord sold flat - Can new Landlord increase rent

Posted by Yogini (457 days ago)

We just signed a new contract in December 2006. Now the old landlord sold the flat and new landlord wants us to sign a new contract and increase the rent. Is this legal?

(I am based in Hong Kong)

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Posted by Claire (457 days ago)

http://www.hkclic.org/en/topics/landlord_tenant/landlordSellsThePropertyWithExistingTenancy/q2.shtml

(I am based in Unspecified)

Posted by associates (456 days ago)

Sounds very much like the new landlord is trying to pull a fast one on you......assuming your contract is for say another 1 year......then the "old" deal stays in place. IF you are referring to the "next term" of the lease ....the landlord can charge whatever he likes OR indeed show you the door! It is always best to have a lawyer look at the lease itself though.

Weir & Associates
Solicitors & Notaries
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15 Queens Road Central
Hong Kong
Tel : 2526-1767
Fax : 2868-3568
email : weirlaw@hongkonglaw.com
www.HongKongLaw.com/weirlaw

(I am based in Hong Kong)

Posted by Yogini (455 days ago)

Thanks for your advice. Our contract is valid for two years as of December 2006.

Therefore the new landlord should have no right to make any changes to the current contract.

(I am based in Hong Kong)

Posted by Claire (455 days ago)

Correct, the landlord would have purchased the flat knowing there was a tenant. Sounds as if the new landlord was hoping you wouldn't know the law. Cheeky b@stard. BTW, make sure you get your deposit sorted out.

(I am based in Unspecified)

Posted by spaceren (455 days ago)

The new tenancy agreement must be stamped to be relied upon - if not, run to the IRD and do it yourself!

(I am based in Hong Kong)