Buying or selling a home with tenants
THE HOME GUIDE · 47
Buying or selling a home with tenants
A home can change owners while people still live there. Their rights matter too.
ABOUT 3 MINUTES TO READ
A QUICK LOOK · THREE THINGS TO KNOW
01 / START HERE
Start with the lease
If people rent the home, ask for the lease and rent details.
02 / START HERE
Plan visits with care
Showings must follow the rules that apply where the home is.
03 / START HERE
Ask about moving in
A buyer may want to live in the home.
A home with a tenant can still be bought or sold. But the lease, access for tours and plans for moving in may affect the deal.
PART 01
Start with the lease
If people rent the home, ask for the lease and rent details. A sale does not erase their rights under the law.
PART 02
Plan visits with care
Showings must follow the rules that apply where the home is. Tenants need to be treated with care and respect.
PART 03
Ask about moving in
A buyer may want to live in the home. That does not mean a tenant must leave at once. Legal notice and other rules can apply.
A SMALL STEP YOU CAN TAKE
One thing to check today
Ask a lawyer about the lease, legal notice and closing dates before promising an empty home.
HOW TO USE THIS
If you are buying or selling
If you are buying
Get legal advice before assuming you can move in right away.
If you are selling
Give clear lease facts and follow the proper rules for showings and notices.
SAVE THIS LIST
Three questions worth asking
- What tenancy agreement is in place?
- What rules govern access and possession here?
- Is the intended occupancy plan legally realistic?
SOURCE AND FURTHER READING
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