bgd wrote: ↑Mon, 12 Oct 2020 10:37 amI have been in this situation. Important to read your TA closely, it usually says something along the lines of allowing reasonable access for viewing should the property be marketed. Also your TA should last the duration regardless of sale. The only exception is usually en-block sale but that would need to be specifically stated.
In my case there were a few viewings but at my convenience. The new owner wanted to move in so basically paid us to leave, including moving costs. I was keen to move anyway so it was win-win.
It's a little while ago and I don't recall the actual numbers. The lease only had about 6 months to run. Maybe a thousand or two for the inconvenience. Moving costs I based on what I paid to move in but my costs to move out were substantially less so I made on that, which wasn't intentional.
There are I think two threads relating to LL selling which you can do a search for (it is from 10 years ago I recall) and in there a few people have actually cited what you could seek as compensation. But basically, i've read that it's anything you have been out of pocket for (moving, aircon-servicing, agent fees, etc.) potentially difference between rent if the market went up since, and a little incentive for you to vacate? But obviously this is subject to negotiations with the LL and how good of an offer they've received on selling the property as vacant possession.abbby wrote: ↑Mon, 12 Oct 2020 11:17 ambgd wrote: ↑Mon, 12 Oct 2020 10:37 amI have been in this situation. Important to read your TA closely, it usually says something along the lines of allowing reasonable access for viewing should the property be marketed. Also your TA should last the duration regardless of sale. The only exception is usually en-block sale but that would need to be specifically stated.
In my case there were a few viewings but at my convenience. The new owner wanted to move in so basically paid us to leave, including moving costs. I was keen to move anyway so it was win-win.
Can I know how much did he pay/how many months rent did he compensate you? And roughly how much for moving cost?
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