Donald
As reenzz says, if there's a lease, the new owner is required to honor it.
If there's no lease, it varies by city and state. For example, New York City requires 30 days' notice (to move).
You don't specifically have to be informed about the sale. But there are other things that go on. Again, with New York as an example, any security deposit must either (1) be returned to the tenant upon the sale, or (2) be transferred to the new owner--from whom you'd get back your deposit when you move.
So: If there's a lease, it must be honored. If there isn't a lease, either your state or city/county has minimum notice laws covering that situation.
Nuff Sed
No. As a general rule, the change of ownership has nothing to do with the tenants. People buy and sell investment properties all the time without the tenants having any clue, since they continue making rent payment to the same management company.
They only need to "give notice" if they are planning to terminate your tenancy for some reason. Just selling a house doesn't necessarily mean anyone wants it vacated. In fact, many buyers would prefer to have the same tenants stay, paying rent, rather than starting over with new ones.
Tiffany
The landlord is required by law to give you notice. He cannot make a person homeless that has been a tenant. If he tries to kick you out without notice contact your local Fair Housing, Landlord-Tenant Association Agency and any agency that deals with housing in your area, on a state or government level.
loanmasterone
Your landlord is not required to inform you he/she has decided to sell their property.
They might inform you that their real estate agent will be showing the proper to potential buyers and will be
coming by to look at their property.
Since you have been living there for 5 years, you are probably on a month to month tenancy. If t his is the case your landlord is required to give you notice that you would be required to move, based on the laws of your state.
This notice could be anywhere from 30 days to 90 days.
I hope this has been of some benefit to you, good, luck.
"FIGHT ON"
Anonymous
Everything is stipulated in your lease, if you have a lease to a certain date then the new buyer should have to honor the lease. The landlord can request you to move out, but if you decline then they will have to either honor the lease or go another legal route that is available, if any. If the lease says that if the home is sold then you have to move out in X amount of days then you might be screwed. Obtain a copy of the lease if you don't have it already and read it.