You can sell a house that has a tenant living in it, and the lease travels with the property, a sale does not break a lease. The key is knowing the notice rules and which buyer pool to target. Here is how it works in New York.
Yes. The buyer takes the property subject to the existing tenancy. A fixed-term lease must be honored to its end; a month-to-month arrangement is more flexible but still requires proper notice.
Under New York’s 2019 tenant law, notice scales with tenancy length: 30 days if under a year, 60 days for one to two years, and 90 days for two years or more. You cannot evict a tenant simply because you want to sell; the legal path to vacancy is a documented cash-for-keys agreement.
It depends on the buyer. An owner-occupant wants the home vacant, but an investor or house-hacker sees a rented unit as instant income. On Staten Island, an occupied two-family unit is often an asset that attracts the right buyer. Your attorney handles the notices, deposit transfer, and lease details.
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