Re: Landlord is selling - Landlord Forum thread 357510

Re: Landlord is selling by Garry (Iowa) on May 21, 2018 @20:17

If the owner is trying to sell your place on his own, he has the right to give you a 24 hr notice to show it. However, the owner MUST be present at the time of the showing. You do NOT have to let any strangers inside your home, or even on your property, without the owner being there. The owner should accompany the perspective buyers through out your home at all times. You also have the right to say no to certain times of the day or week, if it is not conveinient for you. You should inform the owner, in writing, of what dates and times the showings would work for you. Then he can coordinate that with a perspective buyer. That same letter should also say that you have a dog that bites, and is at home during the day. If you need to make arrangements for the dog to not be there for a daytime showing, you will need 48-72 hrs notice, Otherwise, the LL can only show the place when you are at home, and you can just take the dog for a 30 minute walk, or put the dog in your car for 30 minutes. You need to work with the owner on this, but he also needs to work with you.

On another subject, if the owner sells the place, the new buyers must honor the terms of your lease, until it ends. So, if you would still have several months left on your lease when the new owners take possession, and they want to move in soon, you can stay in your place til the end of the lease, unless you strike a written agreement for them to "buy you out" of the remaining months. They cannot raise your rent til the end of the lease, either. Also, your security deposit should be transferred to the new owner at time of sale.

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Re: Landlord is selling by anon (CA) on May 22, 2018 @17:37	[ Reply ]

Owner does not have to attend showings. That's what real estate people do. Ask for some quid pro quo from the landlord. Maybe he'll rebate you half the rent retroactively when you pleasantly cooperate in showings for the past month.

Re: Landlord is selling by Garry (Iowa) on May 22, 2018 @19:19	[ Reply ]

I gathered from the OP's post, that the LL was trying to sell his house on his own, and not go thru a Realtor. I said that in my first sentence. You are correct. If the owner has his place listed with a Realtor, then it would be the Realtor that would be showing the home, and should work with the T as to when they can show it.

Re: Landlord is selling by anon (CA) on May 22, 2018 @21:13	[ Reply ]

Thank you, Sir. I don't read all the words--to my detriment. I'm kind of a skimmer. In Seattle many years ago we sold a rental home when we were in San Diego. (Big mistake. A $75K 3/2 home in 1985 is probably worth $350K now). Anyway, our Realtor then was good; the tenants were happy to pay 1/2 rent and cooperate. The OP should forget about selling it himself; that is just a bad idea.