買入連租約單位中伏😱慘遇租霸恐收唔到樓😢誰是誰非❓欠租理由層出不窮～上手蝕讓有原因🤔律師講解避險三步曲【黑糯米報道調查】

About this video

• Video Title: 買入連租約單位中伏😱慘遇租霸恐收唔到樓😢誰是誰非❓欠租理由層出不窮～上手蝕讓有原因🤔律師講解避險三步曲【黑糯米報道調查】
• Channel: HellomateTV黑糯米
• Speakers: Not explicitly mentioned, but appears to be a narrative report with interviews.
• Duration: 27:48

Overview

This video details a property owner's distressing experience with a tenant after purchasing a tenanted unit. The owner intended to live in the unit but was met with a tenant who paid only one month's rent and then stopped paying, citing various excuses and creating complications. The video explores the timeline of events, the legal aspects of existing leases upon property transfer, and the challenges faced by the new owner in dealing with the situation, including issues with property defects and legal notices. It also provides advice from a lawyer on how to avoid similar pitfalls when purchasing tenanted properties.

Key takeaways

• Tenant Issues: A new property owner encountered a tenant who ceased paying rent after the first month, leading to a prolonged dispute and legal proceedings.
• Legal Transfer of Tenancy: Under common law, a tenancy agreement automatically transfers to the new owner upon property sale, requiring the tenant to adhere to the original lease terms.
• Tenant's Arguments: The tenant raised several points of contention, including issues with property defects, discrepancies in legal notices, and disputes over the transfer of ownership and rental payments.
• Owner's Actions: The owner attempted to resolve the situation by communicating with the tenant, involving legal counsel, and eventually resorting to legal action through the Lands Tribunal.
• Lawyer's Advice: To mitigate risks when buying tenanted properties, buyers should thoroughly review the existing lease agreement, check for registration at the Land Registry, inquire about any outstanding rent or breaches, and ensure all stamp duties are paid on the lease agreement.