Gerard owned an apartment building that was fully leased. He sold it to Thomas. What happens to the leases of the building's tenants?

A) The leases remain valid through the end of their terms.
B) Thomas can revise the leases and raise the rent if he chooses.
C) Gerard continues to receive rent payments through the terms of the leases.
D) Thomas may choose to evict the tenants and sell the apartments as condos.


A

Business

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