How to sell a tenanted property

first_imgREIQ regional director Damien Keyes. Picture: Evan MorganFROM time to time an investor may choose to sell their property while it is tenanted. This raises many questions about how the process can take place when the property is not vacant or easily accessible for open homes, agent appraisals, valuations, renovations, and so on. How do agents get access to a property that is someone else’s home? How do tradies carry out work while the property is being lived in? What rights do the tenants and owners have about granting or withholding access to the property?As agents we strive to respect everyone’s rights. After all, if the property is sold to an investor, in most instances a new landlord would welcome an existing tenancy carrying on rather than going to the expense of finding a new tenant. Good relations are important to almost every agent I know, whether they are dealing with a tenant (who may one day become a buyer then a seller!) or a buyer or seller. The legislation that governs this area of residential property is the Residential Tenancies and Rooming Accommodation Act 2008 and in most instances it is clear.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020We are required by the legislation to give a minimum of 24 hours’ notice to a tenant that we are coming to do an appraisal or a valuation.Hosting an open home when the property is tenanted requires arranging suitable times with the tenants. The legislation requires we seek written permission from the tenant. The rights between tenants and landlords are carefully weighted under the current legislation and while it’s a popular opinion that tenants have few rights, in reality that’s not the case. For example, landlords cannot arrange entry on a Sunday or a public holiday. They cannot arrange entry before 8am or after 6pm, unless the tenant agrees to it. Under the Residential Tenancies and Rooming Accommodation Act (2008) if a landlord wants to terminate a fixed tenancy agreement, the landlord must inform the tenants 60 days before the lease termination date that the lease will not be renewed.If you are an investor and you’re thinking about selling your tenanted property it’s important to start planning early and to appoint an agent who has experience in this area. Often, the job will be made much easier if you wait until the tenancy has expired. Selling a vacant property is much more simple.last_img read more

Di Canio happy with Sunderland start

first_img He added: “I looked at the fixtures with not very high concentration because otherwise, you are going to distract yourself. “From the first day, I was focused on my players and their potential. “But if you asked if I would sign for six points in the first three games, even if I wanted to win every game, realistically I would say yes. “Even if I say I want to win every single game, in this specific situation, if you asked me, ‘Would sign for six points in the first three matches you have, Chelsea away, Newcastle away, Everton at home?’, I think everybody would sign. “I don’t know if we were quick. Obviously, we have got good results. I don’t know if it was quick or slow, but I know we have done well since the first match. “Straight away after the Chelsea game, I was even more confident because I saw the desire, the commitment, the discipline to try to get something more.” The Black Cats were hurtling towards the Barclays Premier League trapdoor when the 44-year-old Italian replaced Martin O’Neill at the helm last month with a daunting fixture list ahead of him. However, a narrow defeat at Chelsea was followed by derby victory at Newcastle and last weekend’s fine 1-0 home win over Everton, and a repeat at Aston Villa on Monday evening would all but assure the club of its top-flight status. Asked if he had expected to turn things around so quickly, Di Canio said: “I don’t know.” Press Associationcenter_img Paolo Di Canio has admitted he would willingly have taken six points from the first nine on offer the day he walked into Sunderland’s relegation fight.last_img read more