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Buying & Selling Real Estate

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Leo Don
  • New Haven, CT
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107
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What was your experience?

Leo Don
  • New Haven, CT
Posted Mar 28 2016, 06:35

Hello Bp,

I'm looking to OOC a property that i am considering buying and the property has all the units leased with tenant. I would like to know is it possible for me to first put the property under contract and then evicting the tenant or i should put a contingency based on the seller evicting one of the tenant before closing. Also, when i buy a property fully occupied In connecticut do i have to obey the lease or is it possible for me once i become the new owner for me to set up my own new lease for those tenants?

I appreciate all your proactive responses.

Thanks

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