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areed4653 · Jul 1, 2009, 02:44 PM

We are in the 3rd month of our 12 month lease and our landlord has decided to short sell the house. He is expecting us to show the house and move out once a offer is made. It does not seem fair that we have no privacy and now have to pay again to move else where. What is the correct way to approach this?

stevetcg · Jul 1, 2009, 02:48 PM

Is there anything in your lease that states you must be available to show it and that the lease can be terminated if he sells the house?

s_cianci · Jul 1, 2009, 03:00 PM

First of all, you have to be given a 24-hour advance notice before being expected to show the house to any potential buyers. Secondly, the way houses are (not) selling these days, it's likely to be a long time before your landlord actually sells the house and you would have to move to a new home. Third, it's possible that, if the house actually does sell before your current lease expires, the buyers may be bound to your lease for its duration ; check with a realtor or attorney on this. Lastly, you can always inquire of the buyers if they'll continue renting to you. Obviously the current owner is using it as an income-producing property so its possible that any future owner would be similarly inclined.

stevetcg · Jul 1, 2009, 03:04 PM

Originally Posted by s_cianci

First of all, you have to be given a 24-hour advance notice before being expected to show the house to any potential buyers. Secondly, the way houses are (not) selling these days, it's likely to be a long time before your landlord actually sells the house and you would have to move to a new home. Third, it's possible that, if the house actually does sell before your current lease expires, the buyers may be bound to your lease for its duration ; check with a realtor or attorney on this. Lastly, you can always inquire of the buyers if they'll continue renting to you. Obviously the current owner is using it as an income-producing property so its possible that any future owner would be similarly inclined.

All that being said and true...

When we were looking to buy our house, we looked at several places that were tenant occupied and they very clearly went out of their way to make sure we weren't interested in buying the place.

Its scummy... but it works.