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Can I sell a rental property with tenants?
Is it possible to sell a rental property to a new owner while there are tenants?
Asked By Kiersten K. | 703 views | Finance Legal Info | Updated 3 years ago
Answer(4)
Amanda Courtney
REP Realty Group
Yes, you can. Many investors prefer buying homes with tenants already in place. Just make sure to follow state laws regarding lease transfers and tenant notifications.
- 1 week ago
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Marty & Abby Champagne
RE/MAX Market Place
Yes. Some buyers will like that there are tenants. Others may want to occupy it. But the new buyer will have to honor the renters leases.
- 3 years ago
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Hi, yes you can
- 4 years ago
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Fannye Hunt
Iron Valley Real Estate
Yes it is. Matter of fact if an investor buys it they like the fact that a tenant is already there. The new owner just has to honor the lease unless they are month to month tenants.
- 4 years ago
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