Can my landlord sell the house I'm renting in California?

In California, if your tenants have been renting for less than a year, you must provide at least 60 days' written notice before selling the property. For tenants who have been renting for a year or more, a 90-day written notice is required.

Can you sell a house with people living in it?

Yes. Understand that any lease will convey to the buyers. So if the roommates have a lease that expires in December and it's only July, you can sell in July but the valid lease runs until December. So the buyer is buying the house already occupied with roommates.

US Legal Forms
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Agreements - Agreement Forms
Multi-State
Asset Purchase Agreement - Business Sale

Selling My Property With A Tenant In Middlesex

Category:

Small Business - Business Sale

State:

Multi-State

County:

Middlesex

Control #:

US-00418

Format:

Instant download

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Description

The document is an Asset Purchase Agreement designed for the transaction involving a seller and buyer, particularly in the context of selling a property with a tenant in Middlesex. It outlines essential components, including the specific assets being sold, the liabilities assumed by the buyer, the purchase price breakdown, and various covenants from both parties. The form emphasizes the need for modifications to suit individual circumstances, instructing users to delete non-applicable provisions. It serves as a legal framework ensuring both parties' rights are protected throughout the sale process. Target users, such as attorneys, partners, owners, associates, paralegals, and legal assistants, will find the form facilitates clear communication of obligations and expectations. Key features include clauses on security interests, indemnification, and confidentiality, which cater to legal professionals managing property sales involving tenants. With straightforward filling and editing instructions, the form is accessible to users with varying levels of legal experience, enabling effective management of property transactions.

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FAQ

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.

For tenants with month-to-month leases, things can get a bit trickier. Since these agreements typically renew every 30 days, they offer more flexibility for both the tenant and landlord. In New Jersey, if your landlord sells the property, you'll need to receive written notice before you're required to vacate.

In Texas, tenants generally cannot refuse to allow viewings of the rental property by the landlord or potential buyers/renters, provided the landlord gives proper notice.

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.

In California, if your tenants have been renting for less than a year, you must provide at least 60 days' written notice before selling the property. For tenants who have been renting for a year or more, a 90-day written notice is required.

Yes. Understand that any lease will convey to the buyers. So if the roommates have a lease that expires in December and it's only July, you can sell in July but the valid lease runs until December. So the buyer is buying the house already occupied with roommates.

Check what your tenancy agreement says about viewings. You do not have to allow viewings if it is not in your contract. You could tell your landlord that viewings can only happen at certain times. You need to allow viewings if your contract says so.