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Selling a rental

  • 25-09-2024 11:27pm
    #1
    itsthisyear
    Registered Users Posts: 56 ✭✭


    any landlords out there that can help?
    we have to sell our rental property and while we have already advised the tenants, we will also issue a letter. My question is, do we have to issue the latter from RTB or can we do our own? We’ve had lovely tenants who have been great in the house so would prefer less ‘clinical’.
    thank you



Comments

  • #2
    3DataModem
    Registered Users, Registered Users 2 Posts: 4,031 ✭✭✭3DataModem


    I strongly recommend both. Be the friendly landlord, agree a departure date, etc. But follow up with official paperwork.



  • #3
    dennyk
    Registered Users, Registered Users 2 Posts: 1,735 ✭✭✭dennyk


    Absolutely issue the proper notice and follow the RTB's requirements to the letter; leave no room for the tenants to potentially challenge the validity. It could mean the difference between getting vacant possession in a year vs. multiple years. No matter how good your tenants have been, if they can't find any affordable alternative accommodations (and they probably won't be able to), they aren't going to make themselves homeless just because their landlord's notice of termination was friendly.



  • #4
    Toby22
    Registered Users, Registered Users 2 Posts: 98 ✭✭Toby22


    Hi, do the termination notice to the letter of the law and hope for the best. One of my friends Dad has a rented property and he wants to sell it. He gave the required notice, totally correct, and the tenants overheld. They couldn’t find another property in the area, children in local school etc etc.



  • #5
    wildwillow
    Registered Users, Registered Users 2 Posts: 1,187 ✭✭✭wildwillow


    Yes, use the templates from RTB and fill in carefully. Note that a copy has to be forwarded to RTB. Get all your dates and notice periods exactly right and any declarations that need to be made about the sale. You can remain polite but it’s a business deal and needs to be treated as such.

    Facing homelessness can change the tenants attitude to you.



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