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Question
I am thinking about selling a rental house I own and have current tenants living there. Once I post the for sale sign and have an offer that I accept, how long do I have to give the current tenants to vacate?
Thank You!
Dear Karen: That question is regulated by the municipality in which the property is located. Call the city hall, and they will be happy to explain what their laws are with reference to what you must do. Some cities have rent control ordinances, and some do not. That is why it is important that you operate within the guidelines. Also, in the event you are selling when the present tenants are under a lease, you may wish to ask if you can or cannot ask them to vacate. You may have to sell subject to the conditions of the existing lease; a tough thing to do. Tenants also have rights, and do not have to show the property at your will. That is another question you ask of your city or state real estate department: How much or how little can the showing tines be regulated. Tenants are generally not cooperative. You may consider a rent reduction if they cooperate. Good luck, Karyn Foley
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| Rating(1-10) | Knowledgeability = 10 | Clarity of Response = 10 | Politeness = 10 |
| Comment | Thanks Karyn. I keep waiting for a return call from our local government, but they seem to be very busy. I'll keep trying! | ||
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Karyn Foley
Expertise
I can answer questions on picking the right agent, marketing properties, contracts, ethics, buyers and sellers responsibilities and fiduciary relationships. I prefer not to answer questions relating to real estate financing.
Experience
I have over 29 years of full time real estate experience in the Southern California area as realtor, assistant manager, education director, and broker. Consistant top producer.
Organizations
Southland Regional Association of Realtors, California Association of Realtors, Calabasas Chamber of Commerce.
Publications
Las Virgenes Enterprise, Calabasas Courier.
Education/Credentials
Bachelor of Science degree, UCLA, licensed real estate broker, graduate realtors institute designation.
Awards and Honors
Trophies and certificates of achievement for real estate production. Training Director, Instructor for the local Board of Realtors, Member of local Board's Grievance Committee. Chamber of Commerce Community Service Award, one of the founders of the City of Calabasas, elected to the first Calabasas City Council, first woman mayor of Calabasas, former Regional Representative to Southern California Association of Governments.
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