Our lease is up early in October so it shouldn't be too much of an issue as it would be unlikely that the first home open will produce a buyer and in any case the settlement date would end up being close to the end of lease date.
In regards to the issue of what happens to the tenants when a new owner comes on board it depends on the wording of the contract between the buyer and seller. i.e as Joe posted whether the house has been bought as a vacant property or as a tenanted property and in either case it would be up to the new owner's discretion as to whether they want to offer the house up for lease.
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