Selling guide

How does selling a rental property with tenants work in NZ?

A guide for landlords & tenants

Ben Tutty
Last updated: 23 April 2024 | 4 min read
AI

AI summary

Selling a tenanted property in NZ involves two main options: selling vacant or selling tenanted. Landlords must notify tenants of the sale and respect their rights throughout the process.

To sell vacant, landlords must provide 90 days' written notice for periodic tenancies. If selling tenanted, the tenancy agreement transfers to the new owner, requiring a change of landlord form for the bond. Tenants can't unreasonably refuse viewings but can set conditions, like refusing open homes.

Sale of property notice to tenant

Options when selling a house with tenants in NZ

1. Selling vacant

2. Selling tenanted

Any landlord selling a property should always remember its their tenant's home.

Notice periods: Rights for tenants during a property sale

There are a couple different ways selling a house with tenants can work.

Tenants rights for viewings

Author

Ben Tutty Ben Tutty
Content Writer