I recently sold a domestic property that was rented out to some tenants. A rental agency drew up the original contract and there are clauses to the effect that the rental contract will transfer to the new owner. I understand that this is standard practice and am happy with the clauses.
The tenants gave the rental agency notice that they will vacate the property on the 31st of July 2019. One month prior to the contract end date of 31 August 2019.
Transfer of the property happened on the 8th of July 2019. The transferring attorneys were also informed of the tenants giving notice and that they would vacate the property on the 31st of July 2019. The transferring attorneys payed over a pro-rata rental amount for the month of July to the purchaser of the property since the tenants had already paid me rental for the month of July 2019.
The new owner of the property was not informed of the tenants giving notice that they would vacate the property 1 month early. The new owner is querying if she is due rental income for the month of August 2019.
I would like to understand if there is any basis to this query and if the new owner would be due rental income for the month of August 2019. If the new owner is due rental income for the month of August 2019 I would also like to understand who would be liable to pay this rental income.
If you need any more information please let me know.
083 6277 533