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What Happens to the Lease When You Sell
In general, a valid lease stays in place when the property is sold, so the new owner takes over as landlord and the tenant can stay until the lease ends. Month-to-month tenants usually keep their right to notice before they have to leave. Your lease and Florida's landlord-tenant law (Chapter 83 of the Florida Statutes) control the details, so have an attorney review them before you list or sign a contract.
Why Selling With a Tenant Is Hard on the Open Market
- Most buyers who use a mortgage want a vacant house or a house they can live in.
- Showings and photos depend on the tenant's cooperation.
- A tenant who pays late, damages the property or refuses access can scare off buyers.
- Below-market rent or a long lease lowers what investors will pay.
If the Tenant Has Stopped Paying or Won't Leave
Evictions in Florida go through the court, and the timeline depends on the county, whether there is a written lease, and whether the person is a tenant or an unauthorized occupant. In our experience it often takes anywhere from about 6 to 16 weeks. You do not have to finish an eviction to sell to us.
See What Our Clients Have to Say...
It’s important to us that the homeowners we work with have a great experience with us. In the end, we’re not happy if we’re not able to provide you with the solution you want. So, check out what others have said about us. Here’s just a few snippets of what other people we’ve worked with have said.
Want to share your own experience with us? Send us a note to let us know what working with All About Real Estate LLC has been like for you.
“…they bought my house with violations and everything we discussed they did…this company is amazing…”
“I sold my house in Hollywood with no problems. All About Real Estate I highly recommend them, from the start to closing, they bought my house with violations and everything we discussed they did, they are really honest about everything, they closed on the property as promised, honesty, good values, and morals are what I can say about this company. Alex is great and very honest, this company is amazing please call them if you are interested in selling your house with violations and a fast cash deal. Thank you very much, All About Real Estate. To Alex, may God bless you always.”
Julie K.
“This was a fast and smooth sale and they assumed all my issues with this house.”
“I was able to sell my house in Hialeah while working my busy life as a mom, nurse, and wife all the way in Colorado. This was a fast and smooth sale and they assumed all my issues with this house. It has a failed city re-occupancy, violations, and liens. They also closed on the property with occupants and gave us 3 weeks after closing before we had to leave due to the Holidays. Wow, I haven’t worked with a company that had these types of morals and values in a long time. I would highly recommend them to anyone who needs immediate cash for houses with violations, liens and other distressing issues. Thank you All About Real Estate for making this Christmas memorable.”
Margarita M.
“They will buy your house regardless of condition or issue that may exist.”
“This is my 4th transaction with All About Real Estate and every time, the deal is as discussed, no games, no surprises, just honest folks. Everyone on the team is very knowledgeable and they always exceed my expectations with the precise details. They will buy your house regardless of condition or issue that may exist. Gisselle was amazing and Petru has instilled a great deal of focus around consumers. Call them today!”
Sandra S.
Get Your Free Cash Offer Now!
Fill out this form to get your no-obligation all cash offer started!
Get Your Free Offer TODAY!
Fill In This Form To Get Your No-Obligation All Cash Offer Started!
Before You Sell, Gather These
- A copy of the lease and any renewals
- The security deposit amount and where it is held
- Rent payment history
- Any notices you have sent or received
Security deposits and prepaid rent are normally credited to the buyer at closing, so you will want those records in order.
How a Cash Sale Works With a Tenant in Place
We buy houses directly, as-is, with tenants or occupants still living there, including month-to-month tenants, tenants on a lease, tenants who owe rent, and unauthorized occupants. We do not need to see the inside of a vacant house to make an offer. You make no repairs, pay no commission, and pick the closing date.
Our process is simple: tell us about the property, we make a fair cash offer based on its condition and local sales, and if you accept, we close when you are ready.
Get a Free, No-Obligation Cash Offer
Want a cash offer on your Florida house? Call (786) 753-8500 or fill out the form on this page. It's free, there's no obligation, and we buy as-is.
All About Real Estate LLC buys property directly as a principal and is not a real estate brokerage. This article is general information, not legal or tax advice. Talk to a Florida attorney about your situation.
Get Your Free Cash Offer Now!
Fill out this form to get your no-obligation all cash offer started!
Get Your Free Offer TODAY!
Fill In This Form To Get Your No-Obligation All Cash Offer Started!
Get More Info On Options To Sell Your Home...
Selling a property in today's market can be confusing. Connect with us or submit your info below and we'll help guide you through your options.
Get A Cash Offer Within Minutes
We buy houses in ANY CONDITION in FL. There are no commissions or fees and no obligation whatsoever. Start by giving us a bit of information about your property or call (786)753-8500.