Frequently asked questions
Can I sell an occupied rental property in Denver?
Yes, an occupied property can be sold. Existing leases and tenant rights can affect access, timing, possession, and buyer expectations. We will discuss occupancy upfront, and you should review the lease and local requirements before taking action.
Do tenants have to move out before Atlas Portfolio makes an offer?
No. We can evaluate an occupied rental. We do not require a vacancy simply to provide an offer, although the offer and closing plan may account for the tenancy.
Do I need to repair the rental before selling?
No. Atlas Portfolio evaluates rental properties as-is. Deferred maintenance, turnover work, or an outdated unit will affect the offer, but you do not need to complete a renovation for us to evaluate it.
What happens to security deposits and leases at closing?
Those items must be handled correctly under the lease, the purchase agreement, and applicable law. The title company and qualified legal or property-management guidance can help identify the appropriate documents and transfer or accounting steps.
Should I give my tenant notice before requesting an offer?
Not just to request an offer. Speak with a qualified Denver landlord-tenant resource or attorney before issuing a notice, entering the unit, or changing lease terms. The City and County of Denver provides rental-property resources to start your research.