Don't make this rookie mistake
Jul 30, 2022As a Landlord, you gotta make money.
Shoes to buy, mouths to feed.
You do this with rental income.
But sometimes the real estate market turns hotter than a turkey fresh outta the oven.
And when it does, you may want to cash in and sell a house.
Make sure the lease lets you end a tenancy if the property sells.
Illinois law doesn't let you (unless the lease says otherwise).
The buyer may not want your Tenant.
Or want a fresh start with a killer lease.
If you can't boot the Tenant, you'll lose money.
No Bueno.
Make sure you can bail if you sell.
By Landlord Legal
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