🧾 Dealing with Tenants During the Selling Process
Markaz
Last Update 3 dagen geleden
Selling a rented commercial property comes with both opportunity and complexity. Here's how to handle it:
1. Check Lease Terms
Review the tenancy agreement. Look for clauses about sale, notice periods, and rights of first refusal.
2. Inform the Tenant Early
Legally and ethically, inform your tenant of your intent to sell. Many buyers may also prefer a property with an existing tenant and rental income.
3. Selling with Tenant in Place (Good for Investors):
Highlight the tenant’s rental history and agreement terms in your listing.
Provide proof of consistent rent payments.
Emphasize "ready income" in your property description.
4. Vacating the Property:
If you need to sell vacant, issue formal notice per tenancy laws (typically 30 to 90 days).
Ensure all legal documentation is followed to avoid disputes.
5. Cooperation for Viewings
Coordinate viewings in advance with the tenant. Offer flexibility or small incentives for cooperation.
Tip:
Tenanted properties, especially in retail or office plazas, can be a major selling point—if managed transparently.