We've created a free sample letter you can use (no email optin required) to notify your tenants on your intent to sell the property. Discover what to do when you need to consider when notifying a tenant of the sale of the rental property.Focus on three things: State your intentions, show that you have the financial means to make the purchase and make a personal appeal to the seller. You have the legal right to sell your property, even if there are tenants living there. If the tenant(s) agree to the terms of the offer, the parties will draft and sign a written Tenant. Buyout Agreement that includes the required. Below are the most commonly used forms and bulletins. Click on the applicable folder where a preview of the document or download option are available.