I am working with a wholesaler on a property that is under market value in Pennsylvania. The house is currented rented out to a section 8 tenant, with an HUD contract. The lease expired in February of this year, and is currently month to month.
Is it legal to give a 30-day notice to vacate due to new ownership? I want to make sure because if not, I would not want to purchase the property and have no desire to do section 8 housing. I want to make sure I'm not doing anything illegal. In the lease, it does say the lease can be terminated for economic or business reasons, such as sale / new ownership...
What's the best way of handling this? Would the previous owner be able to start the process as a condition of the sale?