i don't know if anybody knows anything about leases but i'm in a tough situation here. I live in quebec and work in Ontario....taxes are killing. I signed a 2 year lease to own with with my buddy and his fiance....my name and his name is on the lease. I signed the lease sept 1st 2005 and the term ends aug 31st 2007. I wanna leave ASAP, i wanna move to ottawa close to my jobs and was thinking of subletting or assigning my lease.
Anyways, this is not my problem...the lease for the house was because the current owners got a devorce and the were gonna lease the house and give the option to buy but this house was sold to a housing company a few months ago (3 or 4months). But my lease was being handled by a subleaser representive, basically taking care of the owners and the leasers.
Now my mother told me that (but not 100% sure) because the property was sold, the new owners must have us sign a new lease contract because our current lease is now Void. My roomate and I never signed anything so now my mother says that i'm basically free to go any time I wish....is this true? or does the lease contract just get carried over to the new owners?
Anyways, this is not my problem...the lease for the house was because the current owners got a devorce and the were gonna lease the house and give the option to buy but this house was sold to a housing company a few months ago (3 or 4months). But my lease was being handled by a subleaser representive, basically taking care of the owners and the leasers.
Now my mother told me that (but not 100% sure) because the property was sold, the new owners must have us sign a new lease contract because our current lease is now Void. My roomate and I never signed anything so now my mother says that i'm basically free to go any time I wish....is this true? or does the lease contract just get carried over to the new owners?