Posts tagged: New Mortgage

If I want to sell my rental property, can I put an exception the rental lease?

lease property

We own a rental property and are starting a new lease with new tenants.
Obviously as owners we would like a one – two year lease.
But we also are looking into purchasing a home and would like the option to sell our rental property (in order to pay down our new mortgage). Is there an exception clause we could put into the lease that would allow us to sell it (without the new owners accepting the lease)? Is that legal or are we trying to do something illegal?