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Updated over 5 years ago,

User Stats

125
Posts
7
Votes
Jeremy Lee
  • Laguna Niguel, CA
7
Votes |
125
Posts

Renting out a place short-term before selling

Jeremy Lee
  • Laguna Niguel, CA
Posted

Hey all,

We are wanting to move to a different area of Orange County by year-end and are considering renting a place on a 6-12month lease. We currently co-own a condo with my parents and we occupy it - my parents are in Northern CA. We are wanting to sell the condo eventually but there are circumstances that are impacting that decision as far as doing it right now or ASAP. My question is, if we move out say in December 2019 or January 2020 and want to rent the condo, can we rent 'short-term' for less than a year (perhaps 6 months) or go month-to-month then sell the condo whenever we are ready? I'm not familiar with tenant rights in CA and am not currently a landlord so just looking for options. Or is this just not a good idea? I just don't want to get stuck or pigeon-holed to where we may end up with legal recourse because of some unforeseen issue.

TIA! 

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