A tenanted property can be sold. But both the sale process and what follows run differently from an empty property. Knowing this from the start protects both sides.
A sale does not affect the tenant
A change of ownership does not end the lease. The new owner becomes a party to the existing contract.
The deposit and all the terms of the contract continue unchanged. Who the deposit passes to should be recorded in writing at the transfer.
The new owner's right of need
The person who buys the property can seek eviction if there is a housing need for themselves or the relatives listed in the law. But the notice period set by law must be observed.
The need must be genuine and sincere. If the matter goes to court, it can take months.
What the buyer should be told
The rent, the end date of the contract, the deposit amount and the tenant's plans for leaving should be explained to the buyer from the start.
A long contract at a low rent directly affects the price for an investor buyer. Hiding it blocks the sale on transfer day.
Viewings and working together
A tenant who agrees to viewings speeds the process up. Talking to the tenant in advance can turn this into one of the easiest steps of the sale.
In sales of tenanted properties we handle the viewing arrangements and the flow of information, so you are not caught between the two sides.
Related sections of this guide
- Preparing for sale: how should the property be shown?
- I want to sell my home: the process from start to finish
Terms from the glossary
We are beside you on this
As Konutkent Gayrimenkul we run the sale of your property with you from start to finish: valuation, deed checks, listing, buyer meetings and the title transfer. You can ask your questions by telephone or fill in the application form.
0312 240 51 51
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