Recently two of my friends have been made to move out of their apartments due to the landlord either selling the property or finding a tenant who is willing to pay more money. Considering the lease has been signed for 2 year period and the landlord is ending it, are they entitled to any compensation from the landlord? Also can it be taken as a legal matter if the landlord refuses to pay?
Why have they agreed to move out? If the lease is still current, they should stay put and refuse to move! Most leases I have seen have a condition that if the property is sold, the new owner takes over the property with tenant in situ. It doesn't affect the tenancy and the tenant can stay with a new landlord until it expires. JUst because someone else would pay more, again the landlord cannot force them out unless they are in breach of their lease. If your friends have agreed to move, they should at the very least have negotiated moving expenses and compensation, to cover new commission, higher rent in new place, disruption and so on.