Tenants’ Rights When Selling an Occupied Rental Property

Written on August 12, 2016 by , updated on December 9, 2016

Selling an Occupied UnitThere are many reasons why you might sell a rental property.

Some of the most common reasons are:

  • Cash: You want to cash-in on your property’s equity.
  • Cut your losses: The property isn’t performing as well you like, and you just want out.
  • Accidental landlord: You inherited the rental property and have no interest in being a landlord.
  • You’re moving: You’re relocating, don’t wish to be a long-distance landlord, and/or plan to buy something closer to you.
  • 1031 exchange: You want to trade it in for something else.
  • The end is near: You’re retiring or just want to get out of the landlord business altogether.

Whatever the reason, it is your property, so you can sell it any time you wish. However, when you have tenants, the process involves some extra steps depending on the type of lease or agreement they possess.

The two most common types of rental situations are:

  1. Month-to-month agreements
  2. Fixed-term leases

Handling Month-to-Month Agreements

If your tenant is renting on a month-to-month basis, all you need to do is give your tenant proper notice. This involves mailing or delivering a letter to your tenant 30 days before you’d like them out, usually in respective to the rent due date.

The required notice period varies from state to state, so be sure to look up your state’s policy here.

You don’t need a reason to terminate a month-to-month agreement, hence why it is called a “no cause” termination. It’s one of the main benefits of having a month-to-month agreement. You don’t have to tell the tenant why they need to vacate unless you want to.

Here’s a sample of what to do:

  1. Send a letter with the date on it letting your tenant know that their tenancy will terminate in XX days from the date of the notice or next rent due date (depending on your state).
  2. Inform your tenant to remove all possessions and return your keys to you on or before the last day mentioned in the notice.
  3. If they don’t move out, start the eviction process immediately.

Related: Lease vs. Rental Agreement: Which to Choose?

Handling Fixed-Term Leases

Fixed-term leases require a more delicate touch and don’t normally terminate just because a property changes ownership.

Here are five options for handling a tenant with a fixed-term lease:

1. Wait Until the Lease Has Expired

If you have a tenant in good standing who is renting the property under a lease situation, the easiest method for you is to wait to sell the property until the lease is up and your tenant has moved out.

However, if your tenant has violated any lease terms, you can terminate the lease more quickly with proper notice. Valid reasons for a lease termination include, but are not limited to:

  • Failing to pay rent
  • Violating the lease, including:
    • Engaging in illegal activities on the property
    • Violating a no-pet clause
    • Subleasing if prohibited
    • Causing serious property damage
    • Being a nuisance to others
    • Falsifying information on the rental application

2. Sell the Property with an Active Lease

This option limits your prospects because you would need to sell to someone who understands that a tenant is living in the property and is OK with that. You are basically limiting yourself to investors.

It’s important that the new owner honors the tenant’s lease and lets the tenant live in the property until the lease is up.

In almost every state, the lease and security deposit must be transferred with the property, and the new owner becomes the new landlord. A fixed-term lease does not automatically terminate when a property is sold.

Here’s a podcast episode where Lucas addresses the question:

3. Pay your Tenant to Vacate

If you want to sell right away and your tenant still has several months left on the lease, you can try to negotiate a settlement to get your tenant out early.

This tactic is called “cash-for-keys,” but how do you know how much to offer?

Here are some ways to arrive at a figure:

  • Make up the difference: Look to see what comparable properties to yours are renting for in the area. If rent elsewhere is more than what you’ve been charging, offer to pay the difference between what your tenant will likely have to pay and what they have been paying you, times the amount of months left on the lease.
  • Moving costs: You might want to offer some money to help your tenant move for the inconvenience of moving earlier than expected.
  • Pay their security deposit: You might want to offer half of what your tenant would need to move into a new place, which is usually first month’s rent and a security deposit.
  • Whatever you can afford: The bottom line on how much to offer depends on how much you want your tenant out early — and how much you can afford.

Keep in mind, however, that the tenant is under no obligation to agree to your terms. In that case, you’ll need to wait until the end of the lease to sell the property.

Related: “Cash for Keys” will Motivate Bad Tenants to Move Out Quickly

4. Sell the Property to your Tenant

Offer to sell the property to your tenant. You could allow them to get financing on their own, or offer a seller financing arrangement, which is a type of transaction where you are the lender and allow your tenant to make payments to you (on a short-term basis) to buy the property.

Seller financing is especially attractive to offer to long-term tenants in good standing.

Keep in mind that you typically need to own the property free and clear or get approval from your mortgage lender to conduct a seller-financing deal.

5. Execute an Early Termination Clause in the Lease

There is a case where tenants, even those in good standing, don’t get to live out the entire lease. Some leases have an early termination clause to handle a variety of situations.

These clauses usually say that the lease terminates in 30/60/90 days, for example, after closing on the sale of the property. The “trigger” can be anything you want, as long as it is reasonable, and both parties agree to it in the lease.

photo credit: Life in Rescue via (license)
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694 CommentsLeave a Comment

  • Jessica

    I let a man move into a house with me that I am currently renting with verbal agreement it would be for 3 months and he would help with 300 rent. Its 5 months and he refuses to leave. He is threatening everyone in house, has kicked down a door and refused to pay me this month. The cops have been here 3 times and told me I had to evict him if I want him out. the courthouse gave me eviction papers and said I could do it even though I am not the owner of the house.He is now threatening to sue me and says I am going to jail. How can I get him out of house? Will I face charges for giving him eviction notice?

    • Laura Agadoni

      Hi Jessica,
      It sounds as if you already got your answer from your local police and courthouse. In the future, you should always get permission from your landlord before you move people in. Most leases don’t allow that.

  • deanna

    I let a couple rent my 2nd bdrm, they started heavily drinking, would fight at 1-3am. I asked them to move.in 4th mo. By the 6th mo., their fights had Esculated. The 9th mo. They didnt pay rent. served them a 3 day notice.. A 30 day notice. The black girlfriend, said, I had to take them to court, then they will stay here, after court, on an extention, while the white boyfriend, told her to shut up. She continued talking, saying they could live there up to 9 mos, rent free & planed 2. I started looking for housing myself, in the 10th mo. I moved, they stayed. I had 2 pay rent.till they got kicked out by my landlord. Good luck! Get them out legally asap. They were the roommates from hell. Use to eat my food, get drunk, bother neighbors. Etc.

  • Johnson

    There is discussion of our duplex going up for sale. The new owner of the home would be our new landlord. My current landlord stated that the potential new owner interested in moving into our portion of the duplex, which would then force us out. If we’ve already singed a lease that’s through July of 2017 of next year. My question is, if he buys the house before our lease is up, can he legally kick us out? We are on a fixed lease, not month to month and there is nothing in our lease about early termination/selling. We live in the state of Washington (not sure that matters, but thought it might be useful pending particular state laws). Thanks in advance for your feedback.

    • Laura Agadoni

      Hi Johnson,
      As long as you are a tenant in good standing, you should be able to stay until your lease ends.

      • Johnson

        Thanks for your quick reply. So the new owner would not legally be able to kick us out of the property just because they’re the new owner (at least until our lease was over). We are in good standing.

      • Michelle

        I am separating from my husband & have been living in a property his family owns. Basically my husband & I have been staying there together since it was convenient for both parties. They plan to sell the house & have decided that they can force me out at their convenience without notice. There is no written agreement just verbal but I felt like I should get 30 day notice, seeing as my city laws require 90 day no cause eviction. They say I’m not a tenant cause we don’t pay rent. This is Portland, OR

  • Iris

    Hi im a month to month renter and my landlord sold the house i got a letter to evict my apartment at the end of august 2016 but when i ask for my deposit i got told they dont know about it. Do i have to pay my rent for the month of august even is i got evicted because the new owners want to live the house ?

    • Laura Agadoni

      Hi Iris,
      Rent and security deposit are different things. You have to pay rent for each month you live in a rental property. If you leave the place in the same condition as it was when you rented it, allowing for normal wear and tear, you get your security deposit back. If not, you get a letter itemizing the reasons all or part of it was kept. How long the landlord has to return your deposit is based on your state law: https://www.landlordology.com/state-laws/
      If you don’t get your deposit back or an explanation why within the time frame, you can sue your landlord. You can be proactive by sending your landlord proof of what you paid for security and the state law that pertains to your situation to let them know what is expected from them.

  • steve

    hello… my landlord is selling the house i rent in RI. they never gave me notification, my lease is up at end of sept.. is this legal? bank guy called 1 week..the next week he came to evaluate property. few days later had clients looking at it.. and last week he had someone under contract.. just waiting for inspector.. he told me i had until me lease runs out .then new owner was moving in. i thought my landlord had to send me notification my certified mail that house was going on market.. now i have 2 months to move,and pay rent and come up with first and security.. impossible on my end.. what can i do? please any help would be appreciated..

    • Laura Agadoni

      Hi Steve,
      If your lease is up in Sept. and you were told you can stay until your lease is up, I’m not sure what the problem is. In RI: Notice to Terminate Tenancy – Fixed End Date in Lease: Notice not required as the lease simply expires.

      • Steve

        Ok… Thank you. I just felt like what the heck.. They didnt even have the courtesy to let us know.. I assumed our lease would just continue.and so on..but hey, is what it is.. Thank you very much for responding..
        .Steve ?

  • jason

    Hi, I have council tenants living in my property since late 2009. They’re on a 30 day rolling contract and the council pay me their rent.
    I want to sell the house. Estate agents will be coming round next week. Where do I as the landlord stand. Should I tell the tenants I’m looking to sell and I’ll need access to show agents around, what if they refuse? What power do I have?
    It’s a lot easier to sell the house than evict her, evicting will take almost a year.

  • Katie

    Hi, we’re in the UK our landlord went bankrupt last year we signed a new contract with the receivers in may but now they have put the property up for sale without informing us. I’m expecting at Christmas and i would like to move out now but they won’t let us end our tenancy early. Where do with stand any advice is most appreciated

  • maria

    Hi my husband is buying a 2 flat building but there is tenant living on the apartments they have a lease until February 2017 do we have to wait 6 months to move in or can he give them a notification letter to let them know that they need to move thanks

    • Laura Agadoni

      Hi Maria,
      You generally need to honor a lease, which is a contract. You can ask whether they want to leave early. You might want to sweeten the deal by offering them some money to move. See #3 above.

  • AE Leonson

    The home I rent was sold to a new owner in April. I spoke with him once in June and he claimed he didn’t know there were tenants in the house until he received our rent check. He also wasn’t aware of our last month rent payment or security deposit from 4 years ago.

    He’s planning on tearing the place down, and we’re month to month. He said when I spoke to him that he was planning to move forward in August and would send us something in writing. We’ve never received anything from him and haven’t heard anything since, but a land use sign just went up on our property.

    Should I be proactive about this? If he wants us to move that’s fine but he’s never given proper (legal) notice. I get the feeling that he doesn’t understand his responsibility.

  • Sandeep

    Hi,

    I am renting a condo in Fremont, CA. I moved in on 06/01/16. I had to do lease break in my prev apartments and pay penalty $2000, as the current landlord was not willing to wait and asked me to move IN on 06/01/16. My landlord said he will do 1 month agreement initially and after 1 month he will check condition of house and extend the lease.
    On 07/01 he checked the house and said he is very happy and wants to extend lease for 12 months. He did not renew lease and kept saying he will do but he is busy. Previous lease is expired.
    After 2 weeks (07/15) he did NOT renew lease.. Now, he sent SMS and dropped a printout infront of house asking me to move out in 30 days as he is selling house. What can I do now? I am in big financial loss.

    • Laura Agadoni

      Hi Sandeep,
      I’m sorry this happened to you. Unfortunately, you can’t make the landlord extend a lease to you at this point. You now know some things for the future, however. You didn’t have to break your lease at your first place. You could have passed on the new condo or paid rent on two places to get out of the rent break fee (assuming it was more than rent). And you also now know that agreeing to a month lease when you really want a year’s lease is not a good idea.

      • Sandeep

        Hi Laura,

        Thanks for the reply. Can I at least ask him to pay for my losses since he is breaking the lease?
        Is he obligated to pay? I have to also incur moving expenses now… Huge financial loss.
        Also my family and me are stresses out because of his decisions.. Earlier he made us move in early, did not sign the lease and now asking us to move out.
        Can I stay for more than 30 days until I find a house?

        Thanks,
        Sandeep

        • Laura Agadoni

          Hi Sandeep,
          Again, I am so sorry this happened to you. Your landlord is under no obligation to pay for any losses you sustained for decisions you made. You are a month-to-month tenant, so your landlord did not break any lease. Please learn from this so that you and your family will not have this happen again. This did not happen because of your landlord’s decisions.

          • Sandeep

            Hi Laura,

            Thanks again!!
            If I continue to stay after 30 days, he may put Unlawful Detainment lawsuit aginst me. How much time will I have after files lawsuit to move out?
            Will I be liable to pay penalty ?

            The reason I am asking is I am finding it difficult to get houses here as it is good school district.

            • Laura Agadoni

              Hi Sandeep,
              I don’t know how long it would take to evict you. But you should never use that option. You will be liable to pay if the landlord sues you. You will probably have a difficult time finding a new place to rent with an eviction on your record, and you will be setting a bad example for your children.

  • JBL

    Hello, I have been living in an in-law apartment for 2 years. Got a call from my landlord’s ex-wife today, and they say we need to be out by August 31st because they are putting the house on the market. We never signed a lease. What can we do? It’s too short notice to find anything and come up with the first, last and security deposit for another apartment. Can we demand to stay until the house actually sells? Thanks.

    • Laura Agadoni

      Hi JBL,
      Look up how much time you are entitled to based on your state’s law here: https://www.landlordology.com/state-laws/
      You can only demand that your landlord provide you with what the law allows. You can try, however, to work with your landlord to see whether they would be open to getting the place ready for sale and showing it with you still in it, but your landlord does not have to agree to do that.

  • Ev

    Hi, my parents are currently living in a house in which they have a lease. throughout the years they let the landlord know that if she was ever interested in selling that they would love to buy the property. the landlord sold the property without even telling them she was listing or any hint that she might be listing or thinking about it. they have until the first of september ’16 to move their lease ends november 24th 2016. is a landlord supposed to notify that they are selling or do they just have to tell you if theyve sold? also we are almost positive they sold to a construction company thats building a neighborhood next door even though when asked she said she’d NEVER sell cause she was going to Pass the house to her kids? what do we do

    • Laura Agadoni

      Hi Ev,
      A landlord does not have to tell a tenant whether they plan to sell their house. In fact, a landlord doesn’t even need to give a reason not to renew a lease. If your parents have a lease until Nov. 24, however, they are entitled to stay until then unless there is an early termination clause in their lease that allows the landlord to end the lease early due to a sale.

  • Cori

    So the rental condo that we live in went up for sale and we were given a 30 day notice, but with the clause to stay thru the sale past our agreement, BUT that if we wanted to leave to give a 30 day notice.. (no one holds rentals for 30 days so moving like that was our of the question)
    So we are now in escrow for about 7 days, the buyer, once the deal is done, wants us to stay in a hotel at our expense while they remodel for 15 days. and then move back in and be their renter, can they make us pay to displace our family?
    also in the meantime we have found a house and can move out in a couple days, being that the house has not closed escrow the original owner is responsible to give us our deposit back correct?

    • Laura Agadoni

      Hi Cori,
      I’m sorry but I don’t understand what you are asking. I’ll do my best to address some issues you bring up. You don’t have to vacate and pay for a hotel if you’ve paid rent for the month. To get your security deposit back, you need to give proper notice per the laws of your state and leave the place in the same condition as when you rented it, allowing for ordinary wear and tear. https://www.landlordology.com/state-laws/ If you are on a lease that doesn’t automatically renew, you can leave when the lease is up.

  • Judy

    Been living in rent control apt for 22 yrs my rent was raised 3% to begin July 1 2016 paid new rent Last night I was given notice that the building was sold and I got another 3% rent increase that is 2 in 3 months. Can they do that? I know they want all the old tenants out because of the low rent due to the rent control but do I have a leg to stand on fighting the new increase (Los Angeles Ca)

  • Amanda

    Hi,

    I was put under a contract to live in a MH for a year straight before first rent was due as long as we handles all the renovations and repairs out our own pocket and then another contract to live on the land with out dues because ethe land was in his mothers name and the home was in his name..
    Two weeks before the first payment was due we received a text message stating the land was sold and that we needed to move because the LAND was sold and that everything will have to be moved ..
    Then last week we find out they actually sold the MH with the land as well and now the new owner is saying they are gonna come padlock our place.. Can they do so since im not in contract with them??

    What steps do I need to take…

    • Laura Agadoni

      Hi Amanda,
      I can’t comment on your specific situation since I’m not a lawyer, and I don’t have access to your contract. However, if you have a contract that is ending, the owners don’t have to enter into a new contract with you. Read your contract to see exactly what your rights are.

  • Jacob

    I let someone stay in my home w/ no lease or written contract/rental agreement. It has been a verbal agrmt to pay rent. I even left utilities in my name to help person out. They have always gotten paid, late, but have by him or a family member of his. I have sold house now & is in escrow, but he is refusing to leave its holding up escrow & buyer is frustrated. (She says she wants him out before proceeding) I gave verbal notice of sale 3 months prior to closing and have sent a 30 day notice over 3 weeks ago. He has also not paid rent for this month. Since I dont have any type of contract, if buyer agrees to proceed and it closes can she call sheriff to remove him immediately? What are my options,can i turn off utilies,which r 2 mts behind?

  • Carol

    My landlord tricked me. I signed a renewal to my lease on 6/1. The landlord sent it to me via email to sign and return. I did, within 15 mins. 2 days later, the landlord tells me she put the house in the market. I asked did she inform them there was a tenant under lease there. She did yes. 15 days later she CALLED to tell me I needed to be out in 15 days. She said she INTENTIONALLY DID NOT RETURN HER SIGNATURE TO LEASE. AND that since she didnt, I am on a month-to-month lease. SHE NEVER GAVE ME ANYTHING IN WRITING TELLING ME TO VACATE or informing me I’m on month 2 month. The same of the house is scheduled for Fri. I have nowhere to go. Should I wait on an eviction? This seems so unfair. I’m in Florida. Somebody pls help.

    • Laura Agadoni

      Hi Carol,
      I’m sorry this happened to you. Your landlord might not have intentionally tricked you. She might have been on the fence between renting for another year and selling, and she got an offer. Anyway, that doesn’t matter to you. All you need to be concerned with is what the laws are in your jurisdiction, FL, which calls for a landlord to give a month-to-month tenant 15 days notice in writing. Ask your landlord to follow the law. Don’t make her evict you. That will go on your record, and it will make it difficult for you to rent elsewhere.

  • sadie heck

    my landlord sold he house to he friend and im renting to my old landlord and it month to month and i have 5 days be for my lease is up can i move and get my sec back
    help plzs

    • Laura Agadoni

      Hi Sadie,
      If there are no damages to the place and you are all paid up with rent, you should get your security deposit back.

  • Sarah

    My current landlord is selling the property and has given me my 30 days to get out. When I ask about my security deposit, my current landlord tells me that I will receive my deposit from the new owners of the property. I have never met the new owner and will not be renting under them since I have to leave due to the sale of the home. Who is responsible for returning my deposit to me? My current landlord or the new landlord? I have to be out my August 31st and I believe the closing is going to happen mid August.

    • Laura Agadoni

      Hi Sarah,
      If your landlord tells you that you will receive your security deposit from the new owner, then ask for the contact information of the new owner. Your landlord might have transferred the security deposit money to the new owner as part of the sale. Look up the law for your state to determine when you must receive your security deposit by. If you don’t get it by then, you’ll need to sue the new owner.

      • kim rissmiller

        what is law regarding how much notice a current landlord has to give his tenants that the home has been sold and a new landlord and lease etc will be needed to be put into effect??

        • Laura Agadoni

          Hi Kim,
          There is no law that landlords must tell tenants they are selling their property. If you have a lease, the new owner upholds it. Your old landlord does need to give you the contact information of the new landlord.

          • kim rissmiller

            current landlord doesnt have to give us new landlords info? but then how would we contact new one with issues or to pay him rent etc?
            doesnt matter. we will be out of current place( been in since dec 2014)

            as of wed of next week

            was a month to month and apparently the person our landlord sold to want s a 6 mth or 1 yr lease.

            we were ALREADY planning on moving by sept(was going to give landlord 30 day notice), but we are noow moving thiis week

            and just want too receive the security deposit we had paid current landlord well over a year ago.

            that has to happen right? as long as house in good condition of course

            • Laura Agadoni

              Hi Kim,
              I wrote the old landlord does need to give you the contact information of the new landlord, not doesn’t. And yes, you get your security deposit back as long as there are no repairs needed from damage you caused and as long as you are current with rent.

  • tonya marie

    hi laura… i am on a month to month rental agreement with my landlord, living attached to the main house. a week ago i caught him entering my apartment without permission (he had no remorse) so i purchased a ten dollar lock for my door, which i paid for. the next day he left a 45 day notice to vacate on my door. when i responded with my tenant rights, i received another note saying that the property is suddenly up for sale, but not sold. i do not believe this to be true. regardless, can he give me a notice to vacate if the property is not yet sold? and more importantly, do i have any rights to stay here? i live in hawaii, rent is not cheap and it will be nearly financially impossible to move in 45 days

    • Laura Agadoni

      Hi Tonya Marie,
      Look up your state law in Hawaii regarding retaliation. Landlords cannot, depending on the state and what you did, ask you to vacate because of retaliation, which could be the reason your landlord now says he’s selling. Keep in mind that retaliation is difficult to prove and if what he did was considered retaliation in Hawaii, so you’ll need legal advice on what to do. Regarding what you did: you typically can’t lock your landlord out of his own property. What you should have done was to request that he give you notice next time. Or you could have probably broken your rental agreement for a violation like that. I’m not a lawyer, so this was not legal advice.

      • tonya marie

        thank you so much for replying. he has not told the other tenant he is selling or asked her to move, and he is constantly leaving these notices in my bathroom. (which is the entrance to my apartment) so i guess the big question is: can he ask me to vacate for no reason with 45 days notice? i have checked online and this property is not on the market at this time. i know it’s a grey area, but i should mention that he has told me numerous lies since i have moved in and i do not trust him. i’m nearly positive his son will be taking over my space. i have the energy to pursue this legally, even after i vacate–if anything, just to save future tenants the stress i have dealt with. thank you so much again.

  • Joanne

    I live in an apartment complex in N.J.that was recently sold. When i moved in 6 years ago under the previous owners our security deposit was 99 dollars. Now the new owners have sent me a new lease and want an additional 700 deposited for security. Is this legal

    • Laura Agadoni

      Hi Joanne,
      In NJ, landlords can charge up to one-and-a-half month’s rent for security deposit. Lease renewal time is when landlords can increase rent and security deposit.

  • Andrea Desjardins

    I am the tenant in this situation. I’m renting in a 3 family that has been on the market since January of this year. I have a lease until Nov. 2016. I’ve decided to leave the apartment 2 months before my lease is up and now my landlord is telling me I’m liable for the 2 months remaining on my lease. Is this true? I thought I needed to find a place before my lease ran out?

    • Laura Agadoni

      Hi Andrea,
      Your landlord is correct. Just as your landlord can’t force you to leave before your lease is over, you can’t break the lease you signed to leave early. If you do leave early, you are still responsible for rent until your lease is up. It works this way because both parties count on the lease to serve their needs: the tenant’s being ensured they have a place to stay during the lease period and the landlord’s being ensured a certain amount of income during the lease period.

      • Andrea Desjardins

        what if I can’t afford to stay? My roommates are leaving in September and if I stay I’ll be unable to pay.

        • Laura Agadoni

          Hi Andrea,
          You’ll have to discuss this with your landlord. I’m just letting you know that when people sign a lease, they need to honor it or face repercussions, both landlords and tenants. If you don’t pay, this could go on your credit record, and your landlord can sue you.

  • Shawnna jones

    I am renting a place and the owners have sold the place my rent was due on the first today and I paid it the new owners take over sometime in the next few weeks but can the new owners come in and say that I didn’t pay them and they can kick me out

  • Shawn

    Hi Laura,

    Our 6 mo lease termed in 2014, we are mo to mo and renting for almost 3yrs this Oct. Last year our rental sold to new mgmt. We asked for a new lease and a receipt for our deposit. Nothing. We also asked to deduct expenses from old landlord, this took a year.

    This month the new owner raised our rent 12% – then gave us a discount to stay 10 months – then said we had to pay $700 more deposit (to match new rent) on the discount. We have been pondering our decision(4days). They just served us a termination notice for old lease.

    Ive been renting 30 years, Ive never been treated like this in my life, they agree the property has been kept immaculate, we are never late. I don’t get it.

    Do we have any recourse? Is this retaliation

    • Laura Agadoni

      Hi Shawn,
      If you pay in cash, always get a receipt at the same time you pay. If you pay by check or direct deposit, you have a record.
      Landlords can raise the rent and security deposit at lease renewal time. Look up the laws for your jurisdiction to determine whether there are any restrictions.
      If you don’t agree to the new terms and you don’t give notice, then your landlord will probably give you notice. This is not retaliation. That happens if you were to complain to the city, for example, and your landlord gave you notice because of that. If you want to stay, let your landlord know now.

  • Megan

    Hello, In March Of this year I went through a real estate company and rent a home and signed a one year lease. This evening the owner of the home came to visiting her family (she lives out of state) and came by my home expressing that she had some interest in selling the home, and also asked how I thought the real estate company was that we were both in dealings with. We talked a little and she expressed once again that she just wanted to let me know about possibly selling the home and that she did speak with the real estate company briefly. Im not sure where to go from here or what to think is going to happen next?

    • Laura Agadoni

      Hi Megan,
      You can stay until your lease ends. If you want to stay longer, It’s a good idea (if you don’t hear from the real estate company) to ask a couple of months before your lease is up whether it would be possible for you to renew. Also, look up your state law to see what the procedure is for terminating a tenancy: https://www.landlordology.com/state-laws/

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