How to Sell a Memphis House With Tenants Selling a rental property in Memphis does not require evicting tenants. Under Tennessee law, existing leases automatically transfer directly to the new owner. This infographic explores three realistic selling strategies: selling to a cash buyer, utilizing an agent listing, or clearing the property before selling. It provides a visual breakdown of the typical timelines, major costs, and tenant disruption levels for each option, while highlighting critical Tennessee landlord laws such as mandatory 24-hour entry notices and the strict prohibition of self-help evictions.