Tenants in 'Unsold' condo units can be evicted by new owner.
Petitioner Landlord bought unsold condominium units from the sponsor. In these six holdover hold·o·ver
One that is held over from an earlier time: a political advisor who was a holdover from the Reagan era; a family tradition that is a holdover from my grandparents' childhood.
Noun 1. proceedings, petitioner moved for summary judgement Noun 1. summary judgement - a judgment rendered by the court prior to a verdict because no material issue of fact exists and one party or the other is entitled to a judgment as a matter of law and a finding that the leases between the parties had expired and the tenancies had terminated. Tenants moved to dismiss the proceedings, arguing that they are conisidered "non-purchasing tenants" as defined in the "Martin Act" and are thus protected from eviction The removal of a tenant from possession of premises in which he or she resides or has a property interest done by a landlord either by reentry upon the premises or through a court action. . The court concluded that respondents were not nonpurchasing tenants. It noted that none of them were residents when the condominium plan was ultimately declared effective by the Attorney General's office. It also said that dismissal of the petitions on the ground advanced by respondents would endow en·dow
tr.v. en·dowed, en·dow·ing, en·dows
1. To provide with property, income, or a source of income.
a. them with a perpetual tenancy exempt from the limitations set forth in the lease itself. Landlord was granted the summary judgement.
NY Law Journal