Planning to Sell a Tenant Occupied Property - Essential Tips to Consider
Admin February 17, 2018
- Review the lease once - Reviewing the lease holds utmost importance in the whole process. This is essential to avoid all the potential legal problems with the tenants.
- Selling a property to an investor can be a good option - If there is long time left on the lease and you can't wait for the tenants to move out, selling a property to the investors can be a best alternative.
- Communicate with your tenants and help them out - Have a detailed conversation with them and be sure to give them a considerable time to find a new place to live.
- Pay your tenant to leave - If the tenant is not interested in leaving a property or if there is certain time left on the lease, one good option is to offer some amount to the tenants for vacating the property.
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