Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago on . Most recent reply

User Stats

19
Posts
3
Votes
Ken Seveur
  • Baltimore, MD
3
Votes |
19
Posts

Lied to by Seller! Help!

Ken Seveur
  • Baltimore, MD
Posted

I just purchased a tenant-occupied home via Ashland Auctions in Baltimore, MD. Purchase process went fine, no issues. Listing said tenant is on-time, but on month-to-moth lease. I figured not a problem. Prior to purchase, I reviewed current lease which was signed in 2019 for 1 yr and month-to-month thereafter. I thought no problem. After settlement,  my property manager speaks with tenant and turns out she just signed a new lease in March 2022! The house was sold in bad faith with seller knowing a new lease was signed, but failed to disclose that information. What options/recourse do I have at this point? Keeping this house, as is, is not within the plan at all. 

Most Popular Reply

User Stats

680
Posts
644
Votes
Dustin Allen
  • Real Estate Agent
  • South Lake Tahoe, CA
644
Votes |
680
Posts
Dustin Allen
  • Real Estate Agent
  • South Lake Tahoe, CA
Replied

@Ken Seveur

Talk to a lawyer. That’s going to be the best thing you can do at this point.

Loading replies...