Sell a Rental House With Tenants in Place

Selling with tenants in place

You don't need to end the lease first. Existing leases generally stay in force after a sale. We review the lease, the rent and the payment history before the final offer.

Deposits, rent and records

Security deposits, prepaid rent and lease records are transferred or credited at closing, as your state's rules and the written agreement require.

Access for the inspection

Tenants are usually entitled to notice before a visit. Tell us how access works, and we schedule the inspection visit around the notice your lease and state law require.

Rentals that need work

Deferred maintenance, damage from a past tenant or code issues, the offer accounts for the repairs. See selling a house as-is.

Landlord rules by state

Notice periods, deposit rules and eviction limits differ by state. Pick your state below for local details where we have them.

Rental with tenants by state

• Arizona: cities we serve
• Colorado: cities we serve
• Rentals in Florida
• Georgia: cities we serve
• Kentucky: cities we serve
• Rentals in New Jersey
• Upstate New York: cities we serve
• North Carolina: cities we serve
• Ohio: cities we serve
• Oklahoma: cities we serve
• South Carolina: cities we serve
• Tennessee: cities we serve
• Texas: cities we serve

How the sale works

We review photos and property details before making the final offer. During an inspection period of about 10 business days, a general contractor or another team member visits to estimate repairs. We usually close 2–3 weeks after that inspection period, subject to title and contract requirements, and can go up to 60 days if you need more time. The price, closing-cost allocation and expiration date are in the written agreement. Mortgage payoffs, liens and other amounts due can reduce what you receive at closing.