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Navigating the Process: Selling a Tenanted Property in Queensland, Australia



Selling a tenanted property can be a strategic move, but it comes with its own set of considerations and processes. As an agent, understanding the nuances of this transaction can make all the difference in ensuring a smooth and successful sale. Here’s a guide to help navigate the process effectively.


The first step is crucial: contact the property manager. Engaging early on establishes clear communication channels and ensures compliance with legal obligations. The property manager holds valuable insights into the tenancy agreement, including lease terms, tenant obligations and any special conditions that may affect the sale.


Next, reaching out to the tenant is essential. Building a positive rapport fosters cooperation throughout the selling process. Open communication and transparency regarding the sale timeline, property inspections and potential disruptions are key to maintaining a harmonious relationship. 


Before proceeding further, it’s necessary to complete a Form 10 – Intention to Sell. This notifies the tenant of the landlord’s intention to sell the property and provides essential details such as the proposed sale price, marketing strategy and expected timeframe. Obtaining the tenant’s consent for property photographs is also a crucial step to ensure compliance with privacy laws and facilitate effective marketing. 


Once the necessary documentation is in place, issuing a Form 9 – Entry Notice is required to conduct open homes and private property inspections. It’s imperative to provide the tenant with sufficient notice and schedule inspections at mutually convenient times to minimise disruptions and respect their privacy. 


Throughout the process, building a positive relationship with both the property manager and tenant is paramount. Clear and consistent communication, responsiveness to concerns and a proactive approach to addressing any issues that may arise contribute to a positive selling experience for all parties involved.


Additionally, understanding the rights and responsibilities of both landlords and tenants under Queensland’s residential tenancy laws is essential. Staying informed about legislative updates and seeking legal advice when needed ensures compliance and minimises the risk of disputes.


By following these steps, agents can navigate the process smoothly and achieve successful outcomes for their clients. 


At Freedom, we have experienced professionals to guide you in this area and host training to ensure you are kept informed. We also offer referrals to agents for notifying the rental team of potential investors and investment properties, as well as the assurance that they will be advised if the owner is thinking of selling. 


For more information, fill out the form below.

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