Letter to Tenant after the Sale of Property

Dear [Tenant’s Name],

I trust this letter finds you well. I am writing to inform you of an important development regarding your current residence. As you may be aware, the property you are currently leasing has recently been sold.

Firstly, I want to express my gratitude for your cooperation and understanding during this transitional period. I understand that changes like these can be unsettling, and I want to assure you that we are committed to making this transition as smooth as possible for you.

Details of the Sale

The property has been acquired by a new owner, and they will be taking over the management of the premises. The sale has been completed, and the new owner is fully aware of your tenancy.

Continuity of Lease Agreement

I want to emphasize that your existing lease agreement remains in effect. The terms and conditions of your lease, including rental amounts and lease duration, remain unchanged. The new owner is legally bound to honor the existing agreements in place.

Contact Information

While there will be a change in management, we want to ensure that you continue to have a point of contact for any concerns or inquiries. The new owner’s contact information is provided below:

New Owner’s Name: Contact Number: Email Address:

Please feel free to reach out to the new owner should you have any questions about your lease, property maintenance, or any other matters related to your tenancy.

Property Inspection and Inventory

In the coming weeks, the new owner may schedule a routine property inspection to ensure that everything is in good order. This is a standard procedure and is in the interest of both parties to document the condition of the property.

Respecting Your Privacy

We understand that your privacy is important, and we assure you that any inspections or maintenance activities will be conducted with utmost respect for your space and belongings. Your comfort and security are our top priorities.

Conclusion

Once again, I appreciate your understanding and cooperation during this transition. If you have any immediate concerns or questions, please don’t hesitate to contact the new owner or our office.

We hope that you will continue to enjoy your stay in the property, and we are confident that the new owner will prove to be an excellent steward of the premises.

Thank you for your continued tenancy.

Sincerely,

[Your Name]

[Your Title]

[Your Contact Information]

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