“I have a tenant in a property in New South Wales. I’d like to sell my house in the next few months. What steps should I take to notify my tenants? How soon can they vacate?” (Owner, NSW)
Selling time – What procedures should be followed in NSW?
We asked managing director at Real Property Manager, John Gilmovich for his advice:
“If a New South Wales landlord has decided to sell their property inside a fixed term lease, the tenant cannot be asked to leave,” he said.
“However, if the tenancy agreement has expired, the landlord is required to serve the tenant with a 90 day “no grounds” termination notice.”
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“Once that notice is served on the tenant, the tenant can vacate the property anytime within the 90 day period and is only obligated to pay rent until the date of possession.”
John said that should a landlord decide to sell the property with the tenant still living at the property, then a 2 week notice of sale must be given to the tenant in advance of any ‘open for inspections’ that will be required for showcasing the property.
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