User:
Password:
Remember me
|
Register
|
Forgot password?
Home
Recent Topics
Recent Posts
Search
FAQ
Home
»
Discussions
»
Can landlord put a lease property on show for sale
Discussions relating to property rental
2010/05/27 11:03:43 AM
zm
Posts:
1
Can a landlord put a leased property on show for sale.
•
permalink
2010/05/27 01:43:23 PM
Michelle
Posts:
142
A landlord can sell his property anytime during the lease. He would have to arrange a reasonable time with the tenant for showing the property to prospective buyers. However, if the property is sold, the new owner must honour the terms of the lease and the tenant does not have to vacate the property until the lease ends.
•
permalink
2010/07/30 09:28:16 PM
debbieb01
Posts:
20
What is a reasonable time period to show the prospective buyers? The last month of the lease!
•
permalink
2010/08/07 09:15:54 PM
Marc Lunau
Posts:
169
I would say any time you wish to sell. Maybe you sell to an investor who is happy to take over your tenant.
--
Investor and Property Manager with value add solutions
www.houses4rent.co.za
•
permalink
2010/08/09 08:12:58 AM
debbieb01
Posts:
20
Thanks! However, I am the tenant. I'd like to know what reasonable amount of months ahead of the expiry of my lease, am I allowed to allow the "intrusion" of estate agents and prospective clients. My lease expires 31 Dec 2010. The Landlord wants to put it on the market from September, so I will have four months of intrusion of space. I did annotate on my lease that they can only have show houses in the last month, and no more than two in that month. Can I "advise" them I will allow the last month to be available for viewing/on the market, being that it is also the month that serves as my notice of lease expiry?
•
permalink
2010/08/09 11:55:37 PM
Marc Lunau
Posts:
169
As per the other thread... They can market it when they like, but only show it as per your agreement in the lease (last months only). I doubt that anybody will be insisting to see it from day one when marketing started.
--
Investor and Property Manager with value add solutions
www.houses4rent.co.za
•
permalink
2010/08/10 09:16:27 AM
Michelle
Posts:
142
I agree with Marcl. Your terms signed in the lease agreement will determine when show days are allowed. The landlord can put the property on the market prior to the last month, but this must be balanced with the tenant's right to peaceful and undisturbed use and enjoyment of the property. You could approach the Rental Housing Tribunal if you feel the landlord's access to market the property is unreasonable.
•
permalink
Home
»
Discussions
»
Can landlord put a lease property on show for sale
General Disclaimer
The information contained on the web pages of the TPN Credit Bureau (“TPN”) website is provided for general information purposes only and does not constitute legal advice. The opinions expressed on the TPN forum is the view of the subscriber and does not necessarily reflect the views and opinions of TPN nor is TPN’s failure to remove any particular view of such subscriber to be construed in any shape or format to be an endorsement or acceptance of such posting. Accordingly TPN, its web administrators and its employees do not accept or take any responsibility whatsoever for any loss, whether direct, indirect or consequential, which may arise from reliance on information contained on the TPN website or forum and actions or transactions resulting therefrom.
Home
|
Privacy Policy
|
Disclaimer
|
TPN Rentbay
|
TPN Rentbook
|
TPN Blog
|
TPN Credit Bureau
Copyright ©
TPN Group (PTY) Limited. All Rights Reserved.