It's entirely feasible to sell a property that's currently leased to tenants in Nevada. However, this venture is not without its complexities.349 Rights, obligations and liabilities of landlord and tenant after voluntary transfer or sale of property; notice to tenant or subtenant. REMEDIES. Yes, you can sell a rental property with tenants and you don't have to wait for their lease agreements to end. What are a Tenant's Rights When a Landlord Sells a Property? Creating a landlord-tenant relationship usually means providing something of value to the owner of property in exchange for the exclusive use of that property. A buyer can ask the renter to sign a new lease with him, but technically the tenant does not have to. Exceptions to Honoring a Term Lease. Hold Title in Nevada. They simply have to give proper notice after the property sale.
