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 Landlord bullying... help?
My ex-landlord (a lawyer) has not returned my deposit. Its been 3 and a half months since we moved out. One month after moving out, we called him to ask if he's returning the deposit soon. He ...


 Buying a house?
I am looking to buy my first house and don't know which way to go. Does anyone know the steps on what to do?...


 How can I get Oprah to buy my sister a house and put money in her account?

Additional Details
seriously, shes really struggleing and has a heart condition....


 What if I dont have a lease with the tenant, and they are not paying rent and are refusing to leave?
what are my rights as a landlord that have tenants without a lease and refuse to move after not paying rent.
Do I have to go through the eviction process or can I just change the locks and lock ...


 What are the main points to consider when buying a barge/houseboat to live in?
I am thinking of selling my house and living on a houseboat/barge. and I don't know anything about maintenance, heating, anything really. There's so much to find out! Help please!...


 I moved into my rented house on 1st February and this is my last month in the tenancy - when do i vacate by?
If i moved in on the 1st of the month, can i stay legally until midnight on the 31st of this month, or can landlord insist i give keys back on morning of 31st?...


 Is there an agency that supports tenants rights?
I have a friend in rented accommodation and his Landlord is a waste of time not effecting the simplest of repairs yet increasing the rent. Is there anyone my friend can turn to for support?...


 Can my landlady put the rent up however much she wants?
my shorthold tenancy ran out on the 22nd oct 06 with the rent at £425pcm. I received a letter from my landlady on 1st Dec 06 saying she was willing to offer me another 6 month tenancy beginning on 22...


 I think I can afford living on my own, but can I get you're advice?
I want to move out. For many reasons. I want to live on my own before moving in with someone else. I want to know what I like and dislike and what I have OCD over before letting other people live ...


 What is the practical tips if the landlord refuses to return the rental deposit?
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 I'm trying to buy a home, can someone help me?
I would like to buy a home nothing spectacular, just for me and a 3 yr old boy. The problem is I'am currently unemployed, because I'm going to school. I have a check that comes every month ...


 Can you be evicted for being late with your rent, if you've been having medical and financial hardship?
I've been ill and because of it lost my job. I've been looking for something right away, but in the meantime my rent have been late. I'm single, with no family, and my credit isn'...


 What is the standard $ amount to put down as down payment for a $400,000 home purchase?
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 Can our landlord do that?
When we entered into our lease we payed first and HALF of last months rent. Now that we are moving out our landlord is saying that the half that we payed in the beginning does not go towards our rent....


 What should I do about this fence dispute with my neighbor?
A few months ago me and my neighbor both mentioned we were planning to fence in our backyards. I suggested to him we could save some money by sharing a boundry fence. He refused that offer.

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 Will I get a $300,000 mortgage with no money down in south florida?
Here's my stats: Credit score 650-high 600's depending on who you ask, income $110,000/yr, stable job (pharmacist), good credit history but approximately 15,000 revolving debt and 120,000 ...


 Housing is expensive these days.. can't people just start living in their cars.. is this a fix?
Plus there'd be no mortgage or payments. i mean, say a car is 8,000 to 14000 or whatever. Isn't that better than buying a house which can be 200,000 and up ( at least in CA)

I ...


 Is now a good time for me to get into the property market as a first time house buyer?
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 Is it right time to buy a flat ?
Everyone say prices of real-estate has come down, Is it right time to buy flat now....


 Where can I find white pages listings for Omaha, NE?
...



HP1980
I am a landlord and thinking of selling my property. I have tenants and not sure how to handle it?
Dont want them to leave immediantly and leave the place empty while its on the market, could I guarentee them two months notice if they stay, or reduce the rent or... whats the standard thing to do? I like them and don't want to screw them over but also don't want to pay mortgage on an unoccupied flat.
                     
 




derbyandrew
Rating
Assuming you are UK and the tenants are on an assured short-hold, then frosty (above) is right. When you are sure you have a sale issue 2 months notice as you are required to do by Law. Under Section 21 you don't have to give a reason, but you could be honest and just say you are selling. The only drawback is if they say they are not going and you have to go to court, in which case you will have to defer the completion until resolved - if the buyer is happy with this of course and doesn't get cold feet.

Good luck.


myself
Rating
2 months is not enough
and reduce the rent that will make them stay.


chatsplas
Rating
Do you have a lease? If so, leases transfer to new owners. If only an oral month-to-month lease, well. . . . . . .
Reducing the rent makes place less attractive to investor/buyers.


alta
Firstly you HAVE to give them 2 months notice legally.
When you market the property, all potential buyers will be told there are tenants in the property, this will put a lot of people off. You can not guarantee the tenants will leave, therefore it will be marketed as "with tenants". They can also refuse to have anybody in the property, and there is nothing you can do.
You say you don't want to screw them, so be honest, speak to them and explain that you wish to sell the property, and would like everything to be as smooth as possible.
You will then get a gauge of how they feel, tell them that you have to give then notice, as the agent will probably want to see evidence of that. Then issue the notice, and keep talking to the tenants, being very careful of showing the flat, as this is something that make tenants hostile.
One you serve notice, then tenants can leave at any time, without notice. Keep a good dialogue with your tenants, they are the ones who can make or break you deal.

Frosty is incorrect, tenants do not have to show anybody round the property, in fact they can refuse to have anybody in at all, and there is nothing the landlord can do about it.


JayRo
Rating
if you guys get on well, then just tell them you wanna sell, give them option to buy, and make a deal with the new owners that the property will only be available two months after sale. that would give you peace of mind(property doesnt stand empty) and them (tennants) enough time to look for new place if they dont want to buy.


chumpy
They need to find somewhere else and when a place become available they will have to move quickly so no matter what you do, unless you are very luck you will have to find the mortgage on an unoccupied place for some time - further it's not a sellers market and flats can be up for sale for many months before a buyer is found - look around at all the places to let, 50% are people that cannot sell.


Butternut27
Just give them 1st option to buy if they can't be honest and say you will sell..these days loads of property is sold with tenants esp if they are good...I'd rather take ona property with someone in it from day one...I would not give them notice until the person buying it has at least got the mortgage agreed there..is a high fall out rate right now due to peopel not being approved for a mortgage or people getting cold feet and being scared and pulling out..good luck


Shepherd
Speaking as a tenant that's had more than one house sold out from under me, you need to give them at least 90 days notice, and the least you can do is to give them back their security deposit early so they can sign a lease somewhere else. Furthermore, plan to give them a glowing referral when their references are checked, and if they had lates, keep it to yourself. Be decent to them and don't make this any more difficult than it already is. Maybe it's your house, but it was their home, and being uprooted from a place you felt secure is tremendously upsetting.


Jorge
Rating
You certainly have the law on your side.

You may want to go and see municipal services to find out what the law and the custom is.

Also, you will want to communicate with your tenants clearly so that you may reach an amiable agreement that works out fine for all parties concerned.

I don't think that you have to do them any favors as a landlord, that doesn't mean you can't reach out and negociate good terms and conditions for both parties. Good communication works wonders in people. Try it.


ediblues
Find a buyer who is interested in buying your property to rent it. A lot of business minded people would buy it without even letting the renter go. Obtain a contract for them to sign and bring it to a title company. The title company gives you a closing date and you both sign this in their office in the presence of a notary public. Cut the realtor. They take a lot of money from the buyer and they increase the price of your home.


♥ ђєlєภђ♥ ✮ƒσgѕ ℓα∂у✮
Rating
you have to give 6 months notice,i would talk to them and see what they say see if you can come to some sort of agreement


Savvy Blonde
Rating
6 months notice?? There's no notice issue.
The lease contracts (assuming they're written) take precedence over any sales contract as they were written first.
You simply sell the place like normal, but the contract should talk about how possession is subject to tenant's rights.
Contact a REALTOR.
This is not hard at all, the new owner simply assumes your rights and obligations as landlord.

Also, I disagree with the post above about offering tenants new leases so as to avoid the new owner raising rents.
The SELLER (you) should do what's in YOUR best interests, that is NOT. What if the buyer wants to move into unit #2? Do you really want to tie up unit #2 for another year?
What if the buyer runs the numbers and believes that it will work at your price, but ONLY if they raise rents when the leases come due....do you think they'll buy it if they have to wait 15 months or whatever to do so?
Do what is in your best interests. The less the property is encumbered, the better. You want it rented, but with minimal tenant rights and terms.

LOL "first option to buy" to tenants??? come now, is this your target market??? If they could buy an investment property, why are they renting???? People's first piece of Real Estate is normally NOT a multi-unit, it's a small single family residence.

Quit worrying about the tenant's rights, they are what they are.
If you want to be polite, just go speak with each of them and assure them that they won't have to move. But frankly, if anything you should RAISE the rent given the chance, as the numbers will look better on a financial analysis to investors.

Please ignore most posts above, they DON'T know what they're talking about!


Frostycat
Rating
Under the terms of a shorthold letting, you do not have to give tenants 6 months notice. You need to give them 2 month's notice from the date they pay their rent. You could put the flat on the market and then when you are sold subject to contract you could serve notice on them then. It's unlikely the whole deal will go through in less time than that, and then you will not have to pay a mortgage on an empty property. Of course, this will mean they will probably have to show potential purchasers around, although you could insist the estate agent accompanies them.


estielmo
Rating
Most of these people seem to be quoting English custom/law or don't know what they are talking about.

In the US the "standard" is that you selling the place is not their business unless one wants to make an offer. There is theoretically no disruption to them except that the rent goes to a new address. Neither you nor the new owner can require that they move.

The MOST gracious thing you can do is let one apartment go vacant so you have it to show to possible buyers and not show occupied units unless you have a purchase contract in hand.

When I was looking for places this is what I asked as a buyer: "Show me one typical apartment, I don't need to see the others unless I want the place."

A final thought... One of the things a tenant ALWAYS worries about is an increase in rent so you might offer them new leases now at the present rent. Be mindful, however, that the buyer looks at the rent income carefully and low rents may lower his offer. I offer this option only to salve your apparent guilt, I wouldn't do it.


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