1 rich Libsyn https://www.libsyn.com 90 600 Get ready for your RECA licensing exam with Alberta Real Estate School. 📞 Call: 587-936-7779 ✉️ Email: support@albertarealestateschool.com 🌐 Website: www.albertarealestateschool.com Selling a rental property with a tenant in it? Raman from Alberta Real Estate School explains how the Residential Tenancies Act (RTA) changes how you list, market and close the sale. First question to ask: is there a lease, and what type? With a fixed-term lease and six months left, you can't ask the tenant to move out mid-lease, so the buyer has to be an investor or someone who can wait. With a month-to-month tenancy, notice is 90 days after conditions are removed and must start on the first of the following month. Conditions off on September 9 means notice on October 1 and closing no earlier than the end of December, four months or more from offer to possession. In this video: • Fixed-term vs month-to-month tenancies when selling • 90-day notice and when it starts • Why a 30-day closing with a tenant doesn't work • Why the RTA and pro forma analysis are in the residential course #ResidentialTenanciesAct #SellingRentalProperty #PassYourRECAExam #RealEstateExamPrep #AlbertaRealEstateSchool Alberta Real Estate Tutor http://albertarealestateschool.com <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/43486884/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/43486884