Inheriting Tenants Security Deposit
Hi BP,
Quick question, if you purchase a rental property and inherit 2 tenants, how is the security deposit handled? Is the seller responsible for transferring the security deposit to the buyer or is the buyer now liable for that deposit for when they move out?
Thanks!
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Real Estate Agent District of Columbia (#SP98377167) and Virginia (#0225247301)
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- http://www.bpgreal.com
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