Explain a landlord's right to transfer leased property

What will be an ideal response?

A landlord can sell, gift, devise, or otherwise transfer his or her ownership interest in property he or she owns that is subject to leases. If the complete title is transferred, the property is subject to the existing lease. The new owner-landlord cannot alter the terms of the lease (e.g., raise the rent) during the term of the lease unless the lease so provides. A landlord can sell the right to receive rents. In such case, after proper notice, the tenants are to pay rent to the designated party. However, the landlord still owes normal duties to the tenants.