 Selling with a tenant (by Kelley [WA]) Jan 25, 2013 10:54 AM
 Selling with a tenant (by Mike [TN]) Jan 25, 2013 11:02 AM
Selling with a tenant (by Mike45 [NV]) Jan 25, 2013 11:52 AM
Selling with a tenant (by RR [WA]) Jan 25, 2013 12:29 PM
Selling with a tenant (by Kelley [WA]) Jan 25, 2013 2:10 PM
Selling with a tenant (by V [OH]) Jan 25, 2013 4:41 PM
Selling with a tenant (by RR [WA]) Jan 26, 2013 9:51 AM
Selling with a tenant (by David Krulac [PA]) Jan 26, 2013 8:44 PM
Selling with a tenant (by Kelley [WA]) Posted on: Jan 25, 2013 10:54 AM
Message:
State Specific Question About: WASHINGTON (WA)
I own a condo in Seattle with a tenant in a month to month lease. The just cause eviction ordinance prevents me from evicting him unless I want to occupy the unit. I decided to try and sell the unit as I have relocated to OR - however the tenant is giving incorrect information to prospective buyers (telling buyers the condo building does not allow pets which is untrue, etc) and telling them he will not move. Of course prospective buyers are discouraged and become disinterested. Do I have any rights to get the tenant to keep quiet during these showings? It is very frustrating. --72.37.xxx.xxx |
Selling with a tenant (by Mike [TN]) Posted on: Jan 25, 2013 11:02 AM
Message:
Why not increase the rent? Since he is on a m2m lease, all you need is 30 days notice increase the rent. I would do that every few months till he moves out (of course, check your local law to see how much you can increase per year).
When the rent is high enough, most tenants move out. If not, you get more income for the property. Either way, it is good for you.
--198.51.xxx.xxx |
Selling with a tenant (by Mike45 [NV]) Posted on: Jan 25, 2013 11:52 AM
Message:
Mike, the "just cause" ordinance probably prohibits this tactic. Even though so much of what the gov't does shows us how incredibly stupid they are, it is very unlikely they left Kelley this simple solution.
Kelley, it is very hard to keep a tenant quiet or to make him cooperative. If you cannot get rid of him, you probably have to bribe him.
Can you prove what he is doing? Does his deliberate sabatoge of your efforts to sell constitute grounds to evict?
--67.233.xxx.xxx |
Selling with a tenant (by RR [WA]) Posted on: Jan 25, 2013 12:29 PM
Message:
there is no rent control in Seattle(or anywhere in WA), so you can raise rent at will with notice of 1 rental period on a month-to-month tenancy.
however, in Seattle, you must give 60 days notice of a rent increase if over 10% within a 12 month period.
beware however, that excessive use of this tactic could be construed as retaliation against the tenant given the circumstances and since the tenant knows you want the unit back.
Another option - You can require the tenant to vacate with 60 day notice, so that you or your immediate family can move into the unit. Of course you would need to actually move someone from your family into the unit according to the regulations "continuous period of 60 days out of the 90 days after the tenant vacates."
So your options are:
-move a family member in for at least 60 days, then consider selling again
-discount the price , sell with tenant in place, let the buyer deal with it
-offer the tenant some cash to get out
This is your government at work. Next, Seattle is creating a massive rental inspection program.
You must learn how to play the game within the rules, or else you could be facing a lawsuit by a tenant with their free lawyers.
--24.18.xxx.xx |
Selling with a tenant (by Kelley [WA]) Posted on: Jan 25, 2013 2:10 PM
Message:
RR - you seem very knowledgeable in this matter. Any lawyer recommendations on this subject? I researched at length the law and concluded exactly what you wrote above. And yes, I have hesitated 'motivating' my tenant to move via raising rent as that could be retaliatory. In addition, we offered the tenant cash to move but he likes the condo and does not want to move. It feels like my only options are to drop the selling price dramatically or have a family member move in. I am nervous about the eviction process as my tenant is VERY well versed in his rights. I ask if you have any attorney recommendations as I want to be sure we follow the letter of the law to a T. --72.37.xxx.xxx |
Selling with a tenant (by V [OH]) Posted on: Jan 25, 2013 4:41 PM
Message:
Would making one 10percent raise be retaliatory? I doubt it, look at how fuel prices fluctuate - I know different rules apply here, raise it and maybe the stork will swoop to take away your tenant, wait 3 months and then excersize the family member who graduated from college at that right time. --75.94.xxx.xxx |
Selling with a tenant (by RR [WA]) Posted on: Jan 26, 2013 9:51 AM
Message:
www.ltservices.net --97.113.xxx.xxx |
Selling with a tenant (by David Krulac [PA]) Posted on: Jan 26, 2013 8:44 PM
Message:
When I'm selling rental property that I own, I will almost always sell SFH, condos, TH, etc vacant. I figure that over 90% of the buyers in my area are owner occupant buyers. In all the rental properties that I have sold over many years all but one was sold to an owner occupant.
My rule for me is always sell single units/houses vacant.
also the tenants may not be the best housekeepers may have their belongings boxed up he next move ,may be un-cooperative to vacating the property
The opposite is true for multi-family properties, when I sell these I always sell them occupied that the new buyer can see that the units are rented, and see exactly what the current rent is I also try to have the units in good shape for the prospective buyers and rented at rents on the high side.
--72.72.xxx.xxx |
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