How Do You Sell a Rental Property in Arizona?

Show It With Your Tenant There, or Wait Out the Lease

Decide first whether buyers tour the house with your tenant still in it. Arizona law allows it. Under section 33-1343 of the Arizona Revised Statutes, part of the state's residential landlord and tenant act, your tenant can't unreasonably refuse to let you in to show the home to prospective buyers.

Each time you go in, you owe your tenant at least two days' notice, and you can only enter at reasonable times, unless there's an emergency or giving notice is impracticable.

The same section says you can't abuse that right of access or use it to harass your tenant.

Our view: a listing trades time for a shot at a higher price, and with a tenant at home, every showing in that time needs at least two days' notice.

If you'd rather not schedule showings around a tenant, wait until the lease ends and show the house empty. Your listing waits for that date.

Give Your Tenant Written Notice of the Sale

Decide how your tenant hears about the sale. Put it in writing. Section 33-1325 of the Arizona Revised Statutes covers a landlord who sells a rented home in a good faith sale to a bona fide purchaser. Unless otherwise agreed, that landlord stops being liable under the rental agreement, and under the state's landlord and tenant act, for anything that happens after the tenant gets written notice of the sale.

That makes the written notice the step that limits what you answer for from then on. Keep a copy.

One duty stays with you. The same section says you're still liable to the tenant for any property and money the tenant is entitled to under section 33-1321, Arizona's security deposit section.

That deposit section also binds whoever holds the landlord's interest when the tenancy ends. After a mid-lease sale, that can be your buyer. Your purchase contract can spell out how the tenant's deposit moves at closing.

Many Showings or One Walk-Through: Choose Your Sale

You can compare two ways to sell your Arizona rental with Cash Flow Deals: the Fast Cash Offer and the Premium Cash Offer. You choose which fits your needs.

With the Fast Cash Offer, Cash Flow Deals buys your house as-is and closes. Our team walks through once, so your tenant has one entry to plan for.

With the Premium Cash Offer, a pre-approved FHA or conventional buyer we already have, ready to go, pays more and buys directly from you. You sign with us at a number you agree to and give us permission to bring that buyer in our place. Buyer visits are scheduled with you ahead of time and take 10 to 15 minutes. The buyer signs a new contract directly with you. Their lender funds the purchase, title moves once from you to them, and we're paid as a separate line item on the closing statement.

We cover repair costs, and we figure out a way, so nothing comes out of your pocket. On Premium, only what the buyer's lender requires gets fixed, settled from the sale proceeds from our share. With Fast Cash, you sell as-is without making repairs. The number is agreed before any work starts, and it changes only if you agree. The one exception: if something structural surfaces that was not visible or disclosed before we signed — foundation issues, hidden moisture, old wiring, cast-iron drain failure — we re-cost it and bring the number back to you. You decide. You can walk away. We disclose what we know at offer time so this almost never happens.

Your inspection period is 15 business days on either offer. Closing is 45 days or less, on a date you help pick. If the Premium buyer's loan falls through, that is our problem, not yours, and you can still take the Fast Cash Offer at its own number. You can compare the Fast Cash Offer and the Premium Cash Offer before deciding.