Landlord looking to sell
ORIGINAL SPANISH TEXT
"El presente contrato entrará en vigor a la firma del presente documento y tendrá una duración de UN AÑO, pudiendo ser prorrogado por períodos idénticos hasta un máximo de cinco años, de conformidad con lo establecido en la vigente LAU, salvo que el arrendatario manifieste al arrendador, con sesenta días hábiles, de antelación como mínimo a la fecha de terminación del contrato o de cualquiera de las prórrogas, su voluntad de no renovarlo.
No procederá la prórroga obligatoria del contrato si, una vez transcurrido el primer año de duración del mismo, el arrendador comunica al arrendatario con cuatro meses de antelación que tiene necesidad de la vivienda arrendada para destinarla a vivienda permanente para sí o sus familiares en primer grado de consanguinidad o por adopción o para su cónyuge en los supuestos de sentencia firme de separación, divorcio o nulidad matrimonial."
TRANSLATED AS:
"This contract will come into force upon the signing of this document and will have a duration of ONE YEAR, and may be extended for identical periods up to a maximum of five years, in accordance with the provisions of the current LAU, unless the lessee informs the lessor , at least sixty business days in advance of the date of termination of the contract or of any of the extensions, its willingness not to renew it.
The mandatory extension of the contract will not proceed if, once the first year of its duration has elapsed, the landlord notifies the tenant four months in advance that he needs the rented home to use it as permanent housing for himself or his first-degree relatives. of consanguinity or adoption or for his or her spouse in the event of a final judgment of separation, divorce or marital annulment."
It doesn't say anything about selling the property before the five years are up. Any advice regarding where I stand most welcome.
I am also aware of this: https://www.expatsinspain.org/selling-a-house-with-a-tenant-how-to-do-it-and-what-the-parties-need-to-consider/...where it says:"And what happens if the tenant wants to stay in the property, but is not interested in buying it? In this case, stresses the vice-president of Alfa Inmobiliaria, the owner can freely sell the property and «the rental contract will be subrogated to the new owner until the contract reaches its agreed end.
As José Ramón Zurdo, director general of the Agencia Negociadora del Alquiler (ANA), recalls, since the LAU was amended in 2019, «the new buyer of the property is obliged to respect the tenant who inhabits it, having to respect them for the duration of the contract that remains to be fulfilled. Before this date, if the buyer was in good faith, once the purchase had been made, he could evict the tenant without having to respect the remaining contract period».
It should be remembered that, for the last two years, the duration of rental contracts has been five years if the lessor is a natural person (an individual)."
Any advice regarding where I stand most welcome.