What happens to the rent payment when the tenant purchases the rented property and the lease remains valid?
General Chapter
Al-Mughni
Book of Leasing
Primary text
If the lease remains valid upon the tenant purchasing the property, the existing rent obligation remains binding upon the buyer (the new owner/tenant), and the purchase price remains due to the seller. Both the remaining rent payments and the purchase price are collected by the seller, analogous to a situation where a non-tenant purchases the property.
Supporting text
If the lease is nullified upon the tenant purchasing the property, the buyer is relieved of paying the rent for the remaining duration, similar to how rent obligations cease if the property perishes. If the original lessor (seller) has already collected the entire rent in advance, the remaining rent owed is offset against the purchase price due to the buyer.