Landlord selling your rental home? Here is exactly what you need to know

10 hours ago 2

It’s stressful when your rental property is put on the market for sale. Picture: NCA NewsWire / David Swift Finding out that your rental will be listed for sale is certainly stressful. However, while the uncertainty can be nerve-racking, it’s important to remember that an intention to sell doesn’t automatically equate with an eviction notice. CHECK YOUR LEASE The rights of tenants and landlords vary across the states and territories, however, recent reforms across many states have seen better protections put in place for renters. For instance, both Victoria and NSW have banned no-grounds evictions. And both states, as well as Queensland and South Australia, don’t allow landlords to force their tenants out early because of a sale if they have signed a fixed term agreement. Tenants Victoria CEO Jennifer Beveridge says it’s important to check your state’s consumer protection department and tenant’s organisation to find out what your rights are when your landlord sells. Jennifer Beveridge, CEO, Tenants Victoria. Picture: supplied Speaking specifically about Victorian rules, Beveridge says it’s important to remember that if you are on a fixed term lease it will continue until its end da...

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