In Virginia, the lease continues after a sale, and the buyer steps into the landlord’s place. Ending a tenancy still depends on the lease and Virginia notice rules. The seller must notify the tenant of the sale and give the buyer’s name, address, and phone number. Security deposits and earned interest transfer to the buyer when ownership changes. If a property manager holds the deposit, the owner must request it in writing before closing, and the manager must tell each tenant the deposit went to the new owner. The new owner must return any deposit owed when the tenancy ends, even if the deposit was not passed along. You don't always need to evict to sell to us. We buy houses with tenants in place — we've done it many times, including cash-for-keys when that works better for everyone.