dearpaoDear PAO,

I am renting an apartment in Makati City. The property was bought last October 2012, and as I understand, it was sold again to another person in the same year, but I don’t know exactly when. In the middle of December, the last person who bought the apartment wanted us to vacate by the end of this month, because we cannot afford the increase in the rent. Are we obliged to pay and leave without even a grace period?

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