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Real Estate
Reply to "can I sell a condo with tenants in it?"
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[quote=Anonymous]In DC, tenant has right of first refusal to buy your condo at the listted price. If they choose not to buy it, you need to get a signed document where they state this. You are allowed to not renew their lease when it ends, for reasons of selling the condo. I'd talk to them informally to state your plans to sell it. They may be interested in buying; or maybe they were hoping to move out anyway so they'd be happy to break their lease early. If not, you can either buy them out (if they choose to accept); or just put the condo on sale when their lease runs out. What I did was wait for tenant to leave, then spent a month on some minor renovations, and put it on the market then. A good realtor can help with a lot of this stuff.[/quote]
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