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Mark F.
  • Rental Property Investor
  • Northern NJ
677
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672
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What is "conveyed vacant" mean?

Mark F.
  • Rental Property Investor
  • Northern NJ
Posted

Hello BP!

So I'm jumping back in to buy and holds, still a ton to learn!, and finally got sent an MLS listing from an investor agent. Seems good so far. One of the properties has at the end in the description "home to be conveyed vacant". What exactly does this mean? It's a multi and it is vacant, 3 unit no tenants, and does need some work according to MLS.

FYI this is in NJ and I am using a VA loan so I have to be able to move in. I did a google search and it didnt answer my question. Thank you!

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,712
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Property will have no tenants in it when it is sold

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