Notice of Termination of Tenancy Due to Sale
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This form provides Tenants with notice of the end of Tenancy due to property sale. It includes details regarding timing, Tenant obligations, the security deposit, and next steps. The goal of this form is to make the notification and move-out process go as smoothly as possible for Landlords.
Document Last Modified: 7/7/2021
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Timing the sale of a property with the end of Tenancy can be complicated. If your house is selling before the end of a Tenancy and the new owner is not willing to let Tenants stay, you will need to terminate the Lease Agreement.
When this is the case, you need to provide your Tenants with a Notice of Termination and provide them with proper notice. While notice periods vary based on your Lease agreement and state laws, the period is usually 30 to 60 days.
As a general rule, the more notice you can give Tenants the better, and good communication throughout often leads to a better response and outcome.
A Notice of Termination should include:
- The Landlord’s name
- The Tenant’s name
- A property description
- Details regarding the applicable Lease, including the signing date
- The termination date
- The reason for the termination
- A request for a forwarding address for future correspondence and the security deposit
Our Notice of Termination of Tenancy Due to Sale provides all of this key information in an easy-to-use document. Just add your details to our form to create a customized and thorough Notice of Termination.
Pro tip:
Before submitting a Notice, it’s important to review the specific laws of your state and the terms of your Lease. It’s often a good idea to have an attorney review your Notice of Termination to ensure that you’re complying with all applicable laws.