Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Selling a property but tenant doesn't want to move out
Hello BP community,
I have a condo to sell under contract and scheduled to close 10/31. The buyers want to live in the property, but my tenants do not want to move out. The tenants received 40 days notice, were offered 2 months rent ($4500) and offered to pay for movers. There is the exact same layout available two floors up. I know the lease, through Apr. 30, supersedes the sale of the property. This deal dies if the tenants won't move out.
Does anyone have any suggestions on motivating a tenant to move?