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Updated over 4 years ago on . Most recent reply

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Timmy Riggs
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Selling duplex, How to inform renters?

Timmy Riggs
Posted

I  am planning on selling  my duplex in OKC, I have been self managing it, and have  two current leases that aren't even half way through their lease. They're great renters. 

I'm trying to navigate how I should communicate with them that I am planning to put it on the market. 

There is nothing in our lease about this scenario. 

I would love to hear some feedback on how to do this well. 

Is there an expectation of needing to offer to allow them out of the lease before I sell?

Looking forward to help!

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Andrew B.
  • Rockaway, NJ
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Andrew B.
  • Rockaway, NJ
Replied

I think you're overthinking it.

"Hi Renter. I wanted to give you some advanced notice that the property you live in will be listed for sale on XX/XX/2020. I will make every effort to limit any disruption to your lives, caused by showings/open houses. Do not worry about your lease, as state law requires the new owner to honor your lease term. Thank you."

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