In California, a property owner can sell a property even if it is currently leased. The lease remains in effect, and the new owner must honor the terms of the existing lease. The tenant has the right to continue living in the property under the same conditions agreed upon with the original owner.

You are entitled to 30 days written notice and then you move or they evict you.

Property sale or major renovations If a landlord decides to sell the rental property or undertake major renovations, they might be able to break the lease. In these cases, landlords often provide notice to the tenant, allowing them time to find a new place to live. The specifics can depend on the lease agreement.

Your landlord could also sell the property while you are leasing it. The new landlord will have to follow the terms of the lease you have with the old landlord until the lease ends. Any security deposit will be transferred from the old landlord to the new one.

The letter to notify a tenant of the sale of the property should be short and concise and include information such as: Identifying information including the date, owner name, tenant name, and property address. Notice that property is being sold and that the lease and deposit will transfer to the new owner.

I hope this letter finds you well. I am writing to inform you that the property you are currently renting at Property Address is being put up for sale. This means there will be some changes in the near future, but I want to assure you that your rights as a tenant will be respected throughout this process.

Provide identifying information, like your name, the date, tenant(s) names, and the property address. Provide notice that the property is being sold, and the lease will transfer over to the new owner. Let your tenant know much notice will be given before a property showing, ing to state landlord-tenant laws.

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To start selling your occupied property, fill out our form below or call us at (844) 2070788 to learn more. Selling a property with a tenant is legally permissible.The first step in selling a rental property with tenants is to notify them of your intention to sell the property. The simple answer is yes, you can sell a property with a tenant still living in it. As a landlord, it's vital to understand all your sitting tenants' rights before selling a house. The format of a notice of intent to sell is like a letter. You should give it to your tenants 90 days ahead of the sale date. This guide elaborates on the tenant's rights you need to observe before selling your property to avoid confrontations or misunderstandings. Call us at (616) 275-4335 or fill out our online form to get started! Your smooth selling experience is just a few steps away.

Property Sold Our With Tenant In Michigan

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