Selling your property while it's tenanted
Every property owner wants the selling process to be as seamless and pain-free as possible, but things can get challenging if the property is an investment property and there are tenants occupying...
A lessee is someone who pays rent to a property owner in exchange for the right to use the property for a specified period of time.
A lessee is someone who pays rent to a property owner, also known as the lessor, in exchange for the right to use the property for a specified period of time.
Some typical responsibilities of a lessee include:
Depending on the terms of the lease agreement, a lessee may or may not have the right to sublease the property to another party. Subleasing typically requires written consent from the lessor and may be subject to certain conditions and restrictions.
Is now a good time to sell? Talk to a top agent about market performance in your area.
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