New commercial building purchase transfer of ownership question

[Gerard Johnson]

Good afternoon. I am located in Alabama. Just recently purchased a new commercial building occupied by 2x tenants. The previous owner had a signed lease with the following agreement of:

1“In the event of a foreclosure, sale, or transfer of Premises…This lease shall remain in full force and effect, and Tenant’s rights and obligations hereunder shall not be disturbed or modified, except as provided in this Lease.”



I want to know if it possible to modify/change these terms? I have a few concerns: 1) tenants monthly rent is low below the market and 2) no deposit was collected which also was written into the lease months before property was sold that it was not required. I am not agreeing to the above terms and wanted to get some feedback. Please advise?