Buyer Step 10: Give Notice to Your Landlord

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Real Estate

If Renting, Give Notice

If you’re currently renting, you need to give notice to your landlord that you’re going to be moving out. Consult your lease for notification deadlines.

If you have a yearly lease, but it doesn’t end for quite a few months? Then you’ve got a few options:

1   We can try to push closing back to the end of your lease date. If that is of interest to you, please let me know.

2.  We may be able to find a sublessor for the remainder of your lease term. Once again, check the terms of your lease or consult a real estate attorney to see if subletting is allowed.  If you want me to help you find a sublessor, just let me know. Generally it involves having photographs taken, putting the property on KSL Classifieds and then finding a qualified tenant. Just keep in mind it is usually easier to find a tenant from April to August then it is from September to March.

3.  You can choose to keep both places for the remainder of your lease so you have plenty of time to leisurely move from your rental apartment to your new home. This does mean paying the monthly rental payment plus your mortgage payment for the remainder of your lease.