Re: Sample Letter to Tenants That I'm Selling The Home

Re: Sample Letter to Tenants That I'm Selling The Home by Anonymous on October 17, 2007 @22:43

Remind them that their lease will be honored by the new owner, and that all terms of that lease will remain the same until its expiration.

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Re: Sample Letter to Tenants That I'm Selling The by L-Boogie (NY) on October 20, 2007 @08:09	[ Reply ]

I don't want to tell them that. The new owner might want to use one unit as owner-occupied and find a new tenant for the other.

Re: Sample Letter to Tenants That I'm Selling The by Anonymous on October 20, 2007 @19:12	[ Reply ]

Sorry, L-Boogie. None of you has a choice. That is the law. You must notify the new owner or prospective owner of a tenant in place with a current lease. If you fail to do so and they only find out about it after they have bought the place, they can come back and sue you for non-disclosure. If the new owner tries to kick out the tenant with a current lease for no cause, the tenant can sue.

Re: Sample Letter to Tenants That I'm Selling The by Anonymous on October 21, 2007 @23:07	[ Reply ]

Re: Sample Letter to Tenants That I'm Selling The Home - Landlord Forum thread 146417