Can I sell a home with a lease agreement?

April 10th, 2010 | by admin |

My leasing broker has an offer to rent my vacation home for 1 month to take place in 11 months from now. The lease agreement makes no mention of selling the home. It simply states I am to have and to hold the property.

What are my rights to sell the home?
If I decide to sell the home, is the new owner of the home obligated to lease it?

I have not yet signed the agreement. Should I wait until the last minute to sign the lease agreement?

Thanks

A lease agreement survives the sale of the property so the new owner would be bound. The fact that you have a tenant may make the property more or less attractive to a potential purchaser depending on their subjective intentions.

  1. 2 Responses to “Can I sell a home with a lease agreement?”

  2. By Kenneth D on Apr 10, 2010 | Reply

    A lease agreement survives the sale of the property so the new owner would be bound. The fact that you have a tenant may make the property more or less attractive to a potential purchaser depending on their subjective intentions.
    References :

  3. By kitty on Apr 10, 2010 | Reply

    NO YOU CAN’T SELL YOU HOME ON A LEASE AGREEMENT DO NOT SIGN IT IF YOU DECIDE TO SELL YOUR HOME YOU WON’T HAVE ANYTHING TO DO WITH THE HOUSE ANYMORE A LEASE AGREEMENT SOUNDS LIKE YOUR RENTING YOUR HOUSE YOU NEED TO GET SOMEONE THAT’S GOING TO HELP YOU YOU DON’T WANT TO BE RESPONSIBLE FOR ALL THE BILLS RIGHT SELLING YOUR HOUSE MEANS THEY WILL MAKE A BID AND OFFER YOU A CERTAIN AMOUNT OF MONEY IN FULL THEN A CONTRACT WILL BE MADE UP IF YOU AGREE THEN READ EVERYTHING FIRST IT TAKES 3 MONTHS FOR IT TO GO THROUGH THEN YOU SIGN THE PAPERS YOU GET THE MONEY AND THEY GET YOUR HOUSE YOU BUY ANOTHER HOME WITH THE MONEY YOU GET FROM YOUR HOUSE IF YOU HAVE ANY QUES TONS JUST ASK OK GOOD LUCK BE CAREFUL OF SCAMS GO TO A LEGIT CO TO SELL YOU HOME
    References :

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