Jack, a landlord, sells his apartment house to Bob, who knows that each of the four apartments is rented. May Bob tell the tenants to vacate and install his own tenants?

A) Yes, since he is now the owner.
B) Yes, the leases terminate when Jack's ownership ends.
C) No, he must wait until their leases expire.
D) No, they may stay as long as they wish.

Apartment House

A residential building containing multiple apartment units owned by an individual or company, often rented to tenants.

Leases Expire

The conclusion of a lease agreement's term, after which the tenant must either vacate the property or negotiate a renewal of the lease.

Tenants

are individuals or groups who occupy or hold a land or property rented from a landlord under a lease.