Yes,you can sell your property while it occupied with tenants; landlords do it all the time,and there diddly-squat your tenant can do about it.
People also ask
Can I Sell my rental property without taking on a tenant?
There are two ways that you might be able to sell the property without needing to find a buyer willing to take on your tenant: Sell the property to the tenant. Pay the tenant to leave early. In the first case, you should always consider asking the tenant if they are interested in buying the property once you have decided to sell it.
What happens when you sell a house to a new landlord?
After closing on a property, Jacobs usually drafts a letter signed by the seller informing the tenant of the sale of the property and directing them to send their next rent payment to the new landlord. 淚n many cases, the seller takes the buyer to the home and introduces him or her to the tenant,?says Jacobs.
Can I Sell my House and rent it back?
Many are unaware you can easily get cash for your house and continue to reside there after closing. Real estate companies and rental investors will buy your house and 渞ent it back? Sell and rent back companies allow owners to sell and stay long-term as a tenant via a leaseback arrangement.
How do I Sell my rental property?
When selling rental property, it best to be straightforward and open with your tenant. If your tenant really loves where they live, they might be interested in buying the home.