Can You Sell a Home in Lafayette with Tenants in Place? [Landlord’s Guide]

Can you sell a home in Lafayette, Colorado with tenants still living in it?

Yes, you can sell a tenant-occupied home in Lafayette, CO—but there are important legal, logistical, and strategic considerations. Colorado landlord-tenant laws must be followed, and success depends on your lease terms, tenant cooperation, and target buyer. With guidance from Kirsten Johansson of The Levi Group Brokered by Real, you can navigate the process smoothly and legally.

Is It Legal to Sell a Tenant-Occupied Property?

Yes, in Colorado, property owners have the right to sell rental properties at any time. However, the lease agreement governs the tenant’s rights during and after the sale.

Key Points:

• Month-to-month lease: You must provide at least 21 days’ written notice to terminate tenancy if the new owner wants the property vacant.

• Fixed-term lease: The lease remains in effect, and the buyer must honor its terms until expiration.

What Are Your Selling Options?

1. Sell With Tenants in Place (Lease Continues)

This is common when selling to investors who want a rental property with income in place.

Pros:

• Continued rental income until closing

• Potential appeal to other landlords

Cons:

• Showings may be more difficult to coordinate

• Buyer pool is smaller (primarily investors)

2. Negotiate an Early Move-Out

If the lease is fixed-term but your buyer wants the home vacant, you can offer cash for keys or other incentives to encourage tenants to vacate early.

Pro Tip: Be respectful and transparent—positive communication increases cooperation.

3. Wait Until the Lease Ends

If your timeline allows, waiting until the lease expires gives you full control over showings and property prep.

Tips for Selling a Tenant-Occupied Home in Lafayette

1. Review the Lease Agreement

Understand the type of lease, notice requirements, and any terms related to sale or entry for showings.

2. Give Proper Notice for Showings

Under Colorado law, landlords must give at least 24 hours’ notice before entering a rental property. Coordinate showing times with tenants to avoid legal or relational issues.

3. Incentivize Tenant Cooperation

Consider offering reduced rent, gift cards, or moving assistance in exchange for keeping the home clean and show-ready.

4. Be Honest With Buyers

Disclose the lease details up front. Buyers should know if the property will be delivered vacant or tenant-occupied at closing.

5. Target the Right Buyer Audience

Your marketing should reflect whether the home is best suited for owner-occupants or investors. Kirsten Johansson tailors your listing strategy accordingly.

Should You Wait Until the Property Is Vacant?

It depends. Selling a vacant home often allows for:

• Easier showings

• Staging and cleaning

• More buyer flexibility

But waiting could mean lost rental income and holding costs. The Levi Group helps you weigh your financial and timeline goals before deciding.

Final Thoughts: Selling With Tenants Is Possible—With the Right Plan

Selling a tenant-occupied property in Lafayette requires careful planning and communication—but it’s entirely possible. Whether you’re targeting investors or preparing for an owner-occupant sale, The Levi Group offers experience, legal awareness, and local market insight to help you make the right move.

Contact Kirsten Johansson of The Levi Group Brokered by Real
📧 kirsten@thelevigroup.net
📞 (603) 583-0151
🌐 www.thelevigroup.net

Your Lafayette Home Selling Experts

Disclaimer: This article is for informational purposes only and does not constitute legal, financial, or tax advice. Please consult with licensed professionals regarding your specific situation.