HELP! Buying a Chicago Property with Defaulted Tenant
Hi All,
I am currently in the attorney review period buying a 2-flat in Chicago. My attorney demanded the bottom unit be vacant by closing as seller had given 30 day notice to a month to month tenant when it was put on the market. The seller's attorney letter stated the following:
There was no security deposit
Tenant ceased paying a few months ago
They cannot find the lease but " (it) expired long ago and the tenants are month to month."
"The first floor tenant has been properly served with a 30-day notice to quit the premises, and the time has elapsed. An eviction has not yet been filed"
I plan to:
Ensure there was never a security deposit. If there truly never was one I want to offer the tenant cash for keys.
Is there a legal document I need to have the tenant sign when they leave the premise? If so can I deal with the tenant directly before closing?
Also, the second floor lease was also "lost" and expired. Can I provide this tenant with a new lease before closing? They currently use CHAC. Do I need an inspection or anything else to continue receiving the voucher?
Thanks for the help!
-Connor