Please if anybody know how to respond to this properly let me know:
1) Signed a contract in 2009 for 2 years lease at HKD 13,800 in Sham Tseng. Not any clause in the contract saying 1 year fixed / 2nd year open
2) In December 2009 the landlord told us he has sold the flat and the new owner will contact us soon.
3) Only in April we heard from the new owner who was immediately asking for a rent increase almost HKD 4,000 more.
4) Then the new landlord asked us to sign a "contract" that lease can not be extended after the 2 years period.
In my opinion this is cheating as the first landlord never dissolved the old contract with us. How comes the new landlord is entitled to raise the rent like this ? Actually he needed to make a new contract with us after the first contract was settled. As I do not want to move out there - even after the 2 years finished - any idea - or I better consult a lawyer immediately ?