Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

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
Multi-Family and Apartment Investing
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 over 2 years ago on .

User Stats

302
Posts
122
Votes
Alan DeRossett
  • Investor
  • Thousand Oaks, CA
122
Votes |
302
Posts

HUD Tenant death after 24 years,

Alan DeRossett
  • Investor
  • Thousand Oaks, CA
Posted

Muti family's tenant building inherited a Tenant a Daughter of a previous Hud tenant from 34 years ago. My Grandparents had given the daughter permission with HUD to continue living in the Apartment 24 years ago. Now the Daughter has died and the place will need some Upgrading to reach current market norms in the Area My question is what are my legal requirements to break up with HUD do not want to wait too long and have one of the relatives claim it for another 20 years. It is time for another Apartment owner to. The difference for me between HUD rent and current market rates is now a Car payment for me. and I'd like to buy a new car like my Tenant could afford to do. Do I need to send Hud a certified letter terminating the agreement? I don't Trust what advice HUd gives me.