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Updated almost 8 years ago on . Most recent reply

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Rhiannon Then
  • Investor
  • Mesa, AZ
57
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Closing before tenants out

Rhiannon Then
  • Investor
  • Mesa, AZ
Posted
We are closing 7 days before tenants are expected to move out with the 30 days notice the current owner gave. My husband is concerned about what happens once ownership becomes ours. Are the the tenants bound by the agreement with he former landlord? Could this prove to be an issue for us?

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Max T.
  • Investor
  • Philadelphia, PA
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Max T.
  • Investor
  • Philadelphia, PA
Replied

Yes they are bound and yes this could be an issue for you.

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