You have been advised by a landlord that they intend to sell their rental property and are yet to enter into

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ASSESSMENT TASK 1 – Multiple Choice Questions

Question

4. You have been advised by a landlord that they intend to sell their rental property and are yet to enter into a contract for sale with a prospective buyer. Prior to selling, they want to put a tenant in the property, as it is vacant, and they think it will look better if it is furnished. Which of the following is correct?

  1. you don’t have to tell the tenant until the ‘For Sale’ sign goes up.
  2. you can tell the tenant immediately after they move in.
  3. before signing the lease, the rental provider must let the renter know if they intend to sell the premises, and if so, whether they have engaged an agent to sell the property, or if there is a contract of sale.
  4. you can’t lease the property if the landlord is about to put it on the market for sale.

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