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Updated about 8 years ago on . Most recent reply

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26
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1
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Jake Valkusky
  • Real Estate Investor
  • Maple Shade, NJ
1
Votes |
26
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Delinquent Tenant in New Rental Property - Purchasing

Jake Valkusky
  • Real Estate Investor
  • Maple Shade, NJ
Posted

Hello BiggerPockets!

We are purchasing a rental property in Pennsylvania. Currently, in the property, there is a delinquent tenant. The delinquent tenants' lease technically ended in June, with no automatic renewal clause in the lease. If that tenant does not leave by the time the sale is final, does the seller have to render the security deposit and last month to the new buyer?

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