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Source Landlord-Tenant Law Complete Real Property List Matched to this deck.

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Landlord leases a store to Tenant for five years. One year later, Landlord sells the building to Buyer and assigns all landlord rights under existing leases.
Who is generally entitled to collect future rent from Tenant?

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The tenant becomes owner of the building when the landlord sells the reversion. The new owner can collect future rent only if the tenant signs a brand-new lease. After the landlord transfers the reversion, the new owner generally succeeds to the landlord's rights and obligations that run with the leasehold estate, including future rent. The lease automatically terminates when the landlord sells the building.

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