owner selling and renter’s rights

[speaker]

I wasn’t sure where to post this topic, but it does invlove selling.

Here is my situation:
I currently rent a condo and I am on a month to month lease. I rent from a property management company. I have a wife and two kids and the oldest is 4. We were contacted recently from the property management company that owner intends to sell the condo we are renting.

My basic questions are, what are my fundamental rights as a tenant in this situation? I have lots of questions but there are too many to list. I would appreciate any advice on this subject.

[(former)FormerSanDiegan]

You are on a month-to-month lease. You have the right to end your lease with a month’s notice (sometimes less). You can exercise this right.

Or perhaps you want to stay or are asking about dealing with the owner marketing the property while you are still there.

I believe you have the right to 24-hour notice for showings. You do not have to leave the premises during the showings. See the reference belowfor more details …

If I were you, I would make lemonade out of the situation, even profit from it. Ask them to credit you some amount off the rent (e.g. $300 per month) in exchange for the hassle of say a 2-hour or 4-hour notice to show. Since you are living there, do not consent to lock boxes. It depends on your tolerance for trading off dollars for hassle and the owner’s willingness to negotiate this item, but take it under consideration.

Or if the whole process is too invasive, simply insist on your right to 24-hour notice and give your notice to vacate under the terms of your loan.

http://www.caltenantlaw.com/ForSale.htm

[(former)FormerSanDiegan]

You are on a month-to-month lease. You have the right to end your lease with a month’s notice (sometimes less). You can exercise this right.

Or perhaps you want to stay or are asking about dealing with the owner marketing the property while you are still there.

I believe you have the right to 24-hour notice for showings. You do not have to leave the premises during the showings. See the reference belowfor more details …

If I were you, I would make lemonade out of the situation, even profit from it. Ask them to credit you some amount off the rent (e.g. $300 per month) in exchange for the hassle of say a 2-hour or 4-hour notice to show. Since you are living there, do not consent to lock boxes. It depends on your tolerance for trading off dollars for hassle and the owner’s willingness to negotiate this item, but take it under consideration.

Or if the whole process is too invasive, simply insist on your right to 24-hour notice and give your notice to vacate under the terms of your loan.

http://www.caltenantlaw.com/ForSale.htm

[(former)FormerSanDiegan]

You are on a month-to-month lease. You have the right to end your lease with a month’s notice (sometimes less). You can exercise this right.

Or perhaps you want to stay or are asking about dealing with the owner marketing the property while you are still there.

I believe you have the right to 24-hour notice for showings. You do not have to leave the premises during the showings. See the reference belowfor more details …

If I were you, I would make lemonade out of the situation, even profit from it. Ask them to credit you some amount off the rent (e.g. $300 per month) in exchange for the hassle of say a 2-hour or 4-hour notice to show. Since you are living there, do not consent to lock boxes. It depends on your tolerance for trading off dollars for hassle and the owner’s willingness to negotiate this item, but take it under consideration.

Or if the whole process is too invasive, simply insist on your right to 24-hour notice and give your notice to vacate under the terms of your loan.

http://www.caltenantlaw.com/ForSale.htm

[(former)FormerSanDiegan]

You are on a month-to-month lease. You have the right to end your lease with a month’s notice (sometimes less). You can exercise this right.

Or perhaps you want to stay or are asking about dealing with the owner marketing the property while you are still there.

I believe you have the right to 24-hour notice for showings. You do not have to leave the premises during the showings. See the reference belowfor more details …

If I were you, I would make lemonade out of the situation, even profit from it. Ask them to credit you some amount off the rent (e.g. $300 per month) in exchange for the hassle of say a 2-hour or 4-hour notice to show. Since you are living there, do not consent to lock boxes. It depends on your tolerance for trading off dollars for hassle and the owner’s willingness to negotiate this item, but take it under consideration.

Or if the whole process is too invasive, simply insist on your right to 24-hour notice and give your notice to vacate under the terms of your loan.

http://www.caltenantlaw.com/ForSale.htm

[(former)FormerSanDiegan]

You are on a month-to-month lease. You have the right to end your lease with a month’s notice (sometimes less). You can exercise this right.

Or perhaps you want to stay or are asking about dealing with the owner marketing the property while you are still there.

I believe you have the right to 24-hour notice for showings. You do not have to leave the premises during the showings. See the reference belowfor more details …

If I were you, I would make lemonade out of the situation, even profit from it. Ask them to credit you some amount off the rent (e.g. $300 per month) in exchange for the hassle of say a 2-hour or 4-hour notice to show. Since you are living there, do not consent to lock boxes. It depends on your tolerance for trading off dollars for hassle and the owner’s willingness to negotiate this item, but take it under consideration.

Or if the whole process is too invasive, simply insist on your right to 24-hour notice and give your notice to vacate under the terms of your loan.

http://www.caltenantlaw.com/ForSale.htm

[Wickedheart]

Not only do you have the right to 24 hour notice for showing. Showings have to be during normal business hours. That means Monday though Friday 9-5 and no weekends.

Seriously, I’d work on finding a new place soon. Most RE agents were nice and professional but living in a house while it is on the market is a PITA. My phone rang off the hook. People tried to come in off the street without an agent. One agent couldn’t get a hold of me and came without an appointment while I was gone. She had a fit when my 17 year old daughter didn’t let her in. Whatever you do don’t agree to a lockbox.

[Wickedheart]

Not only do you have the right to 24 hour notice for showing. Showings have to be during normal business hours. That means Monday though Friday 9-5 and no weekends.

Seriously, I’d work on finding a new place soon. Most RE agents were nice and professional but living in a house while it is on the market is a PITA. My phone rang off the hook. People tried to come in off the street without an agent. One agent couldn’t get a hold of me and came without an appointment while I was gone. She had a fit when my 17 year old daughter didn’t let her in. Whatever you do don’t agree to a lockbox.

[Wickedheart]

Not only do you have the right to 24 hour notice for showing. Showings have to be during normal business hours. That means Monday though Friday 9-5 and no weekends.

Seriously, I’d work on finding a new place soon. Most RE agents were nice and professional but living in a house while it is on the market is a PITA. My phone rang off the hook. People tried to come in off the street without an agent. One agent couldn’t get a hold of me and came without an appointment while I was gone. She had a fit when my 17 year old daughter didn’t let her in. Whatever you do don’t agree to a lockbox.

[Wickedheart]

Not only do you have the right to 24 hour notice for showing. Showings have to be during normal business hours. That means Monday though Friday 9-5 and no weekends.

Seriously, I’d work on finding a new place soon. Most RE agents were nice and professional but living in a house while it is on the market is a PITA. My phone rang off the hook. People tried to come in off the street without an agent. One agent couldn’t get a hold of me and came without an appointment while I was gone. She had a fit when my 17 year old daughter didn’t let her in. Whatever you do don’t agree to a lockbox.

[Wickedheart]

Not only do you have the right to 24 hour notice for showing. Showings have to be during normal business hours. That means Monday though Friday 9-5 and no weekends.

Seriously, I’d work on finding a new place soon. Most RE agents were nice and professional but living in a house while it is on the market is a PITA. My phone rang off the hook. People tried to come in off the street without an agent. One agent couldn’t get a hold of me and came without an appointment while I was gone. She had a fit when my 17 year old daughter didn’t let her in. Whatever you do don’t agree to a lockbox.

[kcal09]

In my opinion it will depend on how the agreement between the seller and the agent is written. Usually the agent should only get a certain percentage of the sales price.

[kcal09]

In my opinion it will depend on how the agreement between the seller and the agent is written. Usually the agent should only get a certain percentage of the sales price.

[kcal09]

In my opinion it will depend on how the agreement between the seller and the agent is written. Usually the agent should only get a certain percentage of the sales price.

[kcal09]

In my opinion it will depend on how the agreement between the seller and the agent is written. Usually the agent should only get a certain percentage of the sales price.

[Author]

Posts