In a lease, if the property is sold to a new owner, the tenant's right to the deposit is:

The tenant's right to the deposit is transferred with the sale because when a property is sold, the new owner typically takes on the responsibilities associated with the property, which includes honoring existing leases and agreements made with tenants. This means that the new owner must respect the terms of the existing lease, including the return of any security deposit once the lease has ended and conditions are met.

This concept is grounded in the principle of "successors in interest," where the rights and obligations of the seller regarding the lease are assigned to the buyer. The new owner assumes the landlord’s position, including any financial responsibilities related to the tenant's original agreement. This transferred responsibility ensures continuity for the tenant and upholds the terms of the lease, providing legal protection for their deposit under the same conditions as agreed upon with the previous owner.