A Property24 reader asks:

I was wondering if you could assist or point my query in the right direction.

I have signed a one-year lease agreement and have just been advised that the property was auctioned off and bought. The new owners have advised us that they don’t have to honour the lease agreement

Please advise.

Alan Levy, an attorney at Alan Levy Attorneys who specialises in evictions, rent recoupment and landlord/tenant law replies:

The scenario seems to be that you signed a 1-year lease agreement with the owner of the property.  Thereafter the property was auctioned off and bought by a purchaser.  The purchaser has advised you that the lease agreement does not have to be honoured.