Selling a house with tenants can be a complex process, but it’s important to understand the rules and regulations of your state to make the process as smooth as possible. In New York, landlords are required to follow certain procedures when selling a property with tenants, including providing adequate notice and following eviction laws.
Here are some helpful tips and government links for selling a house with tenants in New York:
Provide proper notice: In New York, landlords are required to provide tenants with 90 days’ notice before the property is sold. This notice should include the date that the property is expected to be sold, as well as information on how the sale will impact the tenants’ lease agreement.
Understand eviction laws: If your tenant has a lease agreement that is still valid, you cannot force them to move out before the lease expires. However, if the tenant is on a month-to-month lease, you may be able to provide them with 30 days’ notice to vacate the property. If the tenant refuses to leave, you may need to file for an eviction order through the court system.
Consider offering incentives: Selling a house with tenants can be a challenge, so consider offering incentives to your tenants to make the process easier. For example, you may offer to cover moving costs or provide a discount on rent for the final month of their lease.
Get legal advice: Selling a house with tenants can be a legal minefield, so it’s important to consult with an experienced real estate attorney who can help guide you through the process.
Helpful Government Links
- New York State Attorney General’s Office: Tenant’s Rights Guide
- New York State Homes and Community Renewal: Tenant Protection Unit
- New York State Unified Court System: Landlord and Tenant Guide
- New York State Bar Association: Real Property Law Section
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