Technically yes, the lease is a binding contractual obligation of the owner and is an interest in the property. A new owner would need to honor the terms of the lease agreement after the sale. Of course, your lease agreement may have special provisions which could have a different result.
This is specific to Florida law and does not constitute legal advice as the facts presented are anonymous and incomplete. This is intended for general education only and does not create an attorney-client relationship. This should not be relied on and you must seek your own attorney client relationship.
Answered on Oct 22nd, 2012 at 9:44 AM