Rental Basics in Las Vegas>Question Details

Alifer, Home Owner in Las Vegas, NV

If a landlord sells his property, can he force its tenants to leave?

Asked by Alifer, Las Vegas, NV Tue Mar 5, 2013

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James Battaglia’s answer
BEST ANSWER
A landlord cannot "force" a tenant to move. IF there is a written lease, a new owner must honor the lease unless it is to be owner occupied in which case the tenant has a maximum of 90 days. As said below, if a new buyer is an investor, they may want to keep the tenant and draw up a new lease when the lease expires.
IF there is no lease, it is considered month to month and the the tenant would have 30 days MAX to move. Sometimes this can be as little as 3 days. Again, it is about what is in place with both parties and communication is the key to a smooth transaction.

If you have further questions, feel free to call me directly or visit our website


James Battaglia
702-361-6994
Realtor, Property Manager
lvhomeproperties.com
Elite Realty
8625 S Eastern Ave
Las Vegas, NV 89123
0 votes Thank Flag Link Wed Mar 6, 2013
Yes. The good news is that so many people are investors and want to buy a home with a tenant, that most of them would like you to stay. A new lease with the new owner is then drawn up at the close of escrow.
0 votes Thank Flag Link Tue Mar 5, 2013
Hello,

If the tenant is in a "Tenant at Will Status".......this means that both the owner and the tenant have agreed to a month to month tenancy with no lease. Either party can terminate the tenancy.

However,...if there is a lease,...it is supposed to carry over with the sale of the property and the new homeowner honors the lease.

Arrangements can be made prior to close of escrow between the existing landlord and the tenant as well....!!

I hope this helps....

Hank Lauzon III
Realtor

Exit Realty Number 1
6600 W. Charleston #119
Las Vegas, Nv 89146

Cell 702-449-0899
Office 702-949-2409
Fax 702-543-6844

Web : http://www.HanksLVRealestate.com

Email: HankLVRealestate@aol.com

Facebook: http://www.Facebook.com/HanksLasVegasRealEstate
Never look down on anybody...unless you're helping them up.
0 votes Thank Flag Link Tue Mar 5, 2013
The new owner must honor the lease.

Good communication between the tenant and the new owner can often times work out positively for both parties.

If you need you need property management services please click here: http://tinyurl.com/ahtzp4x

Hope this helps!


Best Regards,
Robert Adams
Broker/Salesman
The Adams Team at
Rothwell Gornt Companies
C:702-349-9175
O:702-932-8813
F:702-932-8826
RobertAdams@LVrealestateHELP.com
http://www.LVrealestateHELP.com
0 votes Thank Flag Link Tue Mar 5, 2013
Hi.....if you have a lease on the property, weather it is month to month or a year or more, the new owner MUST recognize the lease. If it is a month to month, only 30 days is required. If any longer, than the new owner must follow the lease to the minute. Of course, this can all be mutually negotiated, in writing and agreeable by all parties. If you need assistance, I have the perfect property mgmt in town. My husband and I are Brokers, however, we still have professionals handle all of our rentals. lynhouben@gmail.com
0 votes Thank Flag Link Tue Mar 5, 2013
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