“Hey Gary. I’ll be selling my rental house and the place is a mess so I plan to evict the tenants and fix the place up. Do you know any good contractors? Also, I heard there’s some law that you have to give the tenant 60-days notice to move out. Is that true?”
***ANSWER:
Yes, I do know good contractors that I recommend to my clients, so just call me at (858)457-KENT and I’ll give you their names. As to your second question about tenant notice…
State law requires that a landlord with a month-to-month tenant generally must give a 60-day notice to terminate tenancy if the tenant has lived there for one year or more.
However, an owner selling a rental may give a 30-day notice if ALL the following conditions are met:
1. Owner has signed a contract to sell the property “to a bona fide purchaser for value”;
2. The owner has established an escrow with a licensed escrow officer or real estate broker;
3. The buyer is a “natural person(s)”;
4. The buyer in good faith intends to live in the property for at least one year after termination of the tenancy;
5. The termination notice is given within 120 days of opening escrow;
6. Notice has not previously been given to the tenant under this law; AND
7. The dwelling is alienable separate from the title to any other dwelling unit.
The normal 3-day notice to pay rent or quit, etc., has not changed. Please verify all the above information with your legal counsel.
Strategies To Sell Your San Diego Home
