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 requires understanding your legal obligations. Landlords can sell the property vacant by giving 90 days' written notice on a periodic tenancy, or sell it tenanted, with the new owner taking over the existing agreement.

If sold tenanted, a change of landlord form is required for the bond. Tenants cannot unreasonably refuse viewings but can set conditions, such as:

- Limiting access times

- Refusing open homes

- Prohibiting photos of their belongings

Clear communication and respecting the tenant's home are essential for a smooth sale.

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