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Updated almost 4 years ago on . Most recent reply

User Stats

74
Posts
22
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Ruth P.
  • Maine
22
Votes |
74
Posts

buying a multi unit with tenants

Ruth P.
  • Maine
Posted

Hi everyone:  If I want to buy a multi unit in the state of Maine and have the entire thing to me and my family what rights do I have to ask current tenants to leave?  Thanks

Most Popular Reply

User Stats

236
Posts
140
Votes
Carl Hebert
  • Rental Property Investor
  • Auburn, ME
140
Votes |
236
Posts
Carl Hebert
  • Rental Property Investor
  • Auburn, ME
Replied

Hi @Ruth P. I own several multi's in the Lewiston/Auburn area and it depends on the leases. Have your agent get the leases and see if there is a clause in there saying that the tenants can be made to leave if building is sold. This is what is in my leases:

Termination upon Sale of Property. Notwithstanding any other provision of this Agreement,
Landlord may terminate this Agreement upon 30 days' written notice to Tenant that the Property
has been sold.

Otherwise you have to honor the leases that are in place according to Maine law. 

Month to month they just need a 30 day notice. 

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