Updated over 5 years ago on . Most recent reply

Can I get tenant employment info on an acquisition?
I am under contract for my first commercial building (12 units). I would like to find out (and the bank has asked) whether any of the tenants have been out of work due to covid19. The seller, the seller's attorney, and even my attorney "think" this is not possible and possibly not legal. Does anyone have accurate information on whether and how one can obtain employment verification on existing tenants as part of due diligence for an acquisition?