Real estate rental: How to change the owner of your rental home?

Real estate rental: How to change the owner of your rental home?

It is possible that in the rent of real estate they give themselves changes of ownership. This can happen in diverse situations, for example, if the rent is shared and one of the tenants decides to leave the floor or the holder of the housing rent leaves. For it, the current tenant will have to yield the rights that were agreed by the owner of the building in the original contract in such a way that the lessor will have to give his express assent adding an annexe for the contract of original rent. Legal considerations In order that the abandonment of rights is possible, the contract of rent must be inscribed in the Record of the Property and that both parts give his assent. It is not necessary to sign a new contract, only we must add an annexe with the information of the new tenant.

What situations must we bear in mind? - Death of the tenant: In this case, the pair or relatives of the deceased might be the new holders of the contract without the owner has the possibility of giving his assent. It is important to emphasize that in order that this should be possible, the new candidate for ownership will have to have coexisted with the deceased for a period superior to two years, otherwise the change will not be able to be realized. - Separation or divorce of the pair: Though the contract is addressed to the two, or of one of the two, another spouse will have right plenary session to be the new holder of the contract as long as this it is declared across a judicial judgment. This aspect must be reported to the lessor in the space of 2 months from the notification of the judgment.

Therefore, it is important to remember that another contract must not be signed, but an annexe of the same one in which there will have to appear the signature of the new tenant, that of the former one and that of the lessor of the building.