Ask Experts Questions for FREE Help !
Ask
    hec307's Avatar
    hec307 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 17, 2006, 07:36 PM
    Inform tenants building is being sold
    I live in NH and I am selling the building, I would like to inform the tenants of what's to happen in a formal letter. Is there a format I can follow or or words I should use?
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member
    		  
    #2

    Dec 17, 2006, 10:52 PM
    There is no formal way of doing it.

    Just simply tell them that you have sold the building and all of their contacts will be honoured by the new owners because they agreed, plus they have to according to the law.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    Dec 18, 2006, 07:01 AM
    Do you have a buyer? If you do, I would include in the letter an intro to the new owner and a statement that all current leases will be honored. If you just have it listed, then a mention of that fact with a statement that a condition of the sale will be that all current leases are honored.
    Cvillecpm's Avatar
    Cvillecpm Posts: 553, Reputation: 28
    Senior Member
    		  
    #4

    Dec 18, 2006, 07:40 AM
    You should do it in accordance with NH law which may include your having to advise them who the new owner is as well as their contact information AND WHO NOW HOLDS THEIR SECURITY DEPOSIT. Having 2 letters - one from you and one from new owner which acknowledges the receipt of their deposit mail together is the BEST way to do this.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Tenants won't move out [ 4 Answers ]

I am the landlord of a house where renters moved in on August 1st of 2005. I had spoken to them in early July and they voiced their intention to stay until May- a 9 month lease. Their lease ended on July 31st, at which time they left town for the entire month to avoid resigning. When I was finally...

Tenants rights [ 4 Answers ]

Can a mobile home park owner tell a person what color he/she can paint their shed and give them a year to do this or they have to move? And is it legal for this owner to put water meters on each of the trailors and charge the tenants a certain amount for their water without it being in the tenants...

Building sold and being tore down... [ 2 Answers ]

I am asking this question on my friend's behalf who does not have internet access. Whenever I get new info I will update the questions. In Feb. of 2006 my friend signed a year lease to end in feb of 2007. Last month the owners sold the aprtment building. The NEW owners have sent all tenents a...

Building sold eviction [ 2 Answers ]

Last week my apatment building was sold. The next day I was given a 30 day notice to move. What leverage do I have in getting moving costs or compensation to avoid an unlawful detainer. The building is located in Torrance Ca. thanks for your help

Tenants eviction.. [ 2 Answers ]

Hello all, I have a two family house in East Boston, MA. Both tenants have had a hard time paying the rent. Unfortunately I have become their friend ( big mistake ). I have given one of them an eviction notice (14 day ) but he now has given me this months rental amount ( still owes me about $5000....

View more questions Search