LandLord selling house Questions

LandLord selling house Questions

Member since 2008 · 1 post · 0 votes

My landlord is selling the house that I am renting. I have literally thousands of dollars in electronics and very valuable items around the house. THey said they will have people going in the house and looking around if they want. If I am renting is this legal? I know it would be rare for someone looking to purchase a house to steal stuff but the quantity of valuables here is very large.

I also do not like the fact that people would be frequently comming in the place I live. Doesn't the landlord have to wait for me to leave before letting people come in etc?

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  • Loveland, CO · Member since 2008 · 1k+ posts · 123 votes
    18y

    In every state that I'm aware of the landlord is allowed "reasonable" access, with "proper notice". What does your lease say? It should spell out something on the order of..."during the final 60 days"...

    Why would you think the landlord should have to wait for you to vacate? That would make no sense from any reasonable business viewpoint.

    Also, rememebr your lease runs with the building, not with the owner.

    all cash

  • OR · Member since 2008 · 1k+ posts · 845 votes
    18y

    It's very possible that the landlord will let you out of your lease. It doesn't hurt to ask.

    The landlord can show that house to anyone. It belongs to him and not to you. He has the legal right to sell his own property any time he wants to.

    If you are really worried about your stuff, you have the option of renting a secure storage unit and moving your valuable things out and place them under lock and key until the property sells.

    The people coming through will be licensed real estate agents with their clients, building inspectors, and appraisors. Not likely to rob you, but who can say who they will speak to about what they saw.

    In today's world, my opinion is that it is better to not let everyone know what is in your house. But regardless, you must legally give access to the landlord so that he can show the house.

    Pay your renter's insurance up to date and get photos of your stuff, because the landlord is not legally liable if anyone breaks in and steals your thinsgs. That's what you have renter's insurance for: to cover your stuff for theft.

    This is a good market to buy in. Perhaps you should consider buying the house that you are in and then your problem is solved. Or go out and look and see if you can find another that you'd like to own, and then you never have to worry about the landlord again. Interest rates are extremely good rright now, which makes for a lower house payment. It's a good time to buy.

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