Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
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

User Stats

93
Posts
21
Votes
Edgar Perez
  • Kenosha, WI
21
Votes |
93
Posts

Tenant claims he has a lease with different terms

Edgar Perez
  • Kenosha, WI
Posted

Good day BP

I recently purchased a 4 unit property in SE Wisconsin ( Kenosha ) prior to closing I asked the previous owner to provide the lease agreements and I tried to get them to submit an estoppel agreement but they wouldn't because it wasn't a "legal" document.  Anyways I did move forward with the purchase and when meeting one of the tenants I had them fill out an estoppel form and on some things they claim do not add up to the lease agreements that were given to me by the previous owner/property manager.  The tenant claims they are on a year lease through May 2018 and that his girlfriend is on the lease with him.  The paper work that I originally received stated that he was on a month to month lease and he was the only occupant of the unit.  My question is if he cannot produce a copy of this lease he claims he has how much responsibility falls on me to track down the documentation of his claimed lease or can I just go with t  he lease that was provided to me at closing?  Any advice and input would be greatly appreciated, thank you.

Most Popular Reply

User Stats

2,624
Posts
2,114
Votes
Kim Meredith Hampton
  • Real Estate Broker
  • St Petersburg
2,114
Votes |
2,624
Posts
Kim Meredith Hampton
  • Real Estate Broker
  • St Petersburg
Replied

@Edgar Perez I would go with the lease you received from the previous landlord/owner. People will try and pull anything on the new guy

business profile image
Compass | St. Pete
5.0 stars
14 Reviews

Loading replies...