ɷ ɹəɥʇɐəɥ ɷ due 09/02/09
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You have to at least give them I belive 30 day notice to "vacate". That is, if you don't have a year lease signed by them. |
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bud68
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You have to provide them written notice according to the lease and state laws. |
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ॐRaver Lunarchick with a tick
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wait till the lease is up. or if you want them out sooner pay them to leave. if the time between your money proposal and their ending lease is close enough they may consider it. |
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Kim W
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You have to honor your contract, but its my experience you can still show the house, but the contract stands. You could offer incentive, however. |
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Paula M
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you sell the house WITH the tenants....that'd it probably more attractive than an empty house in this market. |
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mike1942f
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If you are planning on doing this, you would modify the lease if you use one, making it clear that if sold, continuing the lease would be up to the new owners. The normal situation is that you are selling a rental property and the tenants go with it. If you are being fair with the tenants (Ha!) you should provide both sufficient time for them to move out if you expect that and you should provide that they can break the lease with notice if the property is sold. |
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Joseph G
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You would do a "month to month" lease. There is usually a 30 day notice provision. Basically, you give them one month warning that they have to go.
BTW, it is hell being a landlord, I do not recommend it. |
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Sally G
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If you have them sign a lease for a certain period, you have to let them stay for the duration of the lease.
If you buy something with the intention of reselling it, it's best to have a month-by-month lease. |
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shamieya
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If your lease is written as such, you should be able to give them 30 days notice, or actually, the new owner would probably do that if they are buying the property while the tenants are still there. |
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HAPPY_DAYZZZ
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give them a kind 30 day notice
Good luck ! |
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Mary C
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I've done this several times. I live in Indiana, but I do not know what the law is here. When I decided to put the house for sale, I notified the tenant that the house was on the market.
I negotiated with the buyer for 45 days until closing to give the tenant a little extra time to find a new place. As soon as a deal was in place, I notified the tenant.
Your state's Attorney General may have a website where you can find information that applies to your state.
I preferred to err on the side of caution because these were really good tenants. |
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Prettywoman
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If you are UK, you give them a lease that includes a notice that the tenancy is excluded from the security of tenure provisions of the Landlord and Tenant Act 1954. |
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Pam H
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Depends on if you have a lease with them. A lease works both ways, for the tenants and for the landlord. But if it is not stated in the lease, you can just give them 30 days notice and tell them they have to move. |
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quantumrift
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That's the purpose of a CONTRACT (rental, lease or whatever you call it). YOU write up the contract and stipulate that if owner (you) sells said property then TENANT will have 30 or 45 days or whatever to move...there are many sites where you can look up and copy 'boilerplate' contracts and word them to fit your particular situation. Obviously you have a contract so your tenant won't up and move out and leave you looking for a renter. Or you can just stipulate a month-to-month lease, and if you sell, your tenant has month to move, etc etc. |
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Prophet 1102
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You would have to buy them out of their lease.
However, you can still sell the house leased - the new owner will just have to accept the terms of the lease. |
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Ross
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Unless there is some provision written into the lease about them leaving earlier than the length of the lease the lease has to be honored, neither the buyer of the seller can cancel it. |
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pura_rosa
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Do they have a lease? If they do you may have to sell it occupied OR pay them to leave, however with the current market it takes long for houses to sell so i would show it with them inside (maybe make some kind of agreement with them). |
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