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Updated about 4 years ago on . Most recent reply

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35
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Andrea Chester
  • Rental Property Investor
  • Charlotte, NC
6
Votes |
35
Posts

Taking rental off market

Andrea Chester
  • Rental Property Investor
  • Charlotte, NC
Posted

We’ve decided to take our rental off the market to do some major renovations. We have had the same tenants for several years. What is a polite way to let them know when their lease is up in April, we will no longer be renting the house and they will need to move out? They have been perfect tenants.

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667
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587
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Julie Hartman
  • Property Manager
  • Denver, CO
587
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667
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Julie Hartman
  • Property Manager
  • Denver, CO
Replied

If you plan to sell the property after the renovations, send them a notice of non-renewal with the notice time line outlined in the lease agreement. I would call them and have a conversation about it first so they aren't blind-sided by the notice. This is especially true if they have been good tenants, you don't want them to think it's anything they did wrong. However, sending proper paper or electronic notice is very important so you are in compliance with state law. Good luck!

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