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Robert Way
  • Investor
  • Elkhorn, WI
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Documentation before or at closing?

Robert Way
  • Investor
  • Elkhorn, WI
Posted Apr 10 2014, 20:48

We are closing on our first duplex. There is currently a tenant in one of the units. The current owner stated that it is a month to month verbal contract. I have asked for an esstopal letter as well as a written statement from current owner outlining the verbal contract. I have also asked for an inventory list of thing that come with the duplex,i.e stove, refrigerator ect..

I am also going to try and convert the month to month into a 12 month contract. I would like to schedule an appointment with current tenant to do a walk though and introduce myself. Is there anything else that I should request?

Thank you in advanced for your input.

Rob

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