Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
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

12
Posts
3
Votes
Adrian Santos
  • Jacksonville, FL
3
Votes |
12
Posts

Tenants’ Lease End (COVID-19)

Adrian Santos
  • Jacksonville, FL
Posted

Hi,

I’m interested in purchasing a duplex here in FL as a house hack. The numbers work well for me. However, there are tenants in both of the units staying on a verbal lease agreement (month to month).

I’m kind of struggling whether to add a contingency for the seller to make the units vacant upon closing (would make my offer weaker) or i’ll do it myself after closing.

Reason being is with the COVID moratoriums in place, it’s not technically eviction since I don’t plan to renew the leases anymore or the seller. Or is it?

What do you guys think? Any inputs would be appreciated

Thanks

Loading replies...