Utah

Sell Your Utah Rental Property, Tenants and All

Worn-out units, late rent or just done with it: we buy rentals as-is and can often close with the tenants still in place.

  • Any condition, any situation
  • No fees or commissions
  • No obligation to accept
  • You choose the closing date

Get a no-obligation cash offer

Tell us where the house is. It takes about a minute.

Signs it may be time to sell

Selling with a tenant in place

A lease generally stays in effect when a property is sold, and the new owner steps into the landlord's shoes. Selling to an investor who is happy to keep the tenant avoids the need to vacate, repair and show the unit. We will want copies of leases, the deposit amounts and any rent owed, since deposits typically transfer at closing.

If you want the unit empty first

Utah law sets notice periods for ending tenancies. For example, a month-to-month tenancy is generally ended with a notice served at least 15 calendar days before the end of the rental period, and a notice for unpaid rent generally gives the tenant three business days to pay or leave. Evictions go through the courts, so talk to a landlord-tenant attorney before serving notices.

Taxes to ask about

Selling a rental can bring capital gains and depreciation recapture. Some owners look at a 1031 exchange. Talk to a CPA before you sign anything so you know your net.

Sources

Laws change. This is general information, not legal advice. Talk to a Utah attorney about your situation.

How it works

1

Tell us about the house

Fill out the short form. We will ask a few questions about the property, your timeline and what you need.

2

Get a written cash offer

We walk the house, run the numbers, explain them, and give you a written offer. No fee and no obligation.

3

Close when you are ready

Pick the closing date. A licensed title company handles the closing, and you can leave behind anything you do not want.

More about how it works

Tired landlord: local guides by city

County court, recorder and local details for these Utah cities:

Common questions

Can I sell a rental with tenants still living there?

Yes. The lease generally transfers to the buyer, and we are set up to buy occupied rentals.

Do I have to fix the unit after a bad tenant?

No. We buy as-is, including damage left by tenants.

What about the security deposit?

Deposits are typically credited to the buyer at closing so the new owner can return them later. The title company handles it.

Keep reading

Related situations

Find out what we would pay for your house

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