Skip to content
General Landlording & Rental Properties
Account Closed
  • Involved In Real Estate
1
Votes |
6
Posts

Lease transfer with home sale

Account Closed
  • Involved In Real Estate
Posted Feb 26 2015, 14:07

Does anyone know the best method to securely transfer a lease and security deposit during a home sale? I have a friend whose property in northern Virginia currently has a 2 year lease on it, which most home buyers will not go for. However an investor would and can produce between $400-$600 monthly NOI. Haven't found anyone interested so far however when the time comes we are trying to figure out the best approach for safely transferring security deposit and lease without any issues. Would Estoppel suffice?

Loading replies...