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Updated over 3 years ago on . Most recent reply

User Stats

107
Posts
46
Votes
Kyle Hendricks
  • Lender
46
Votes |
107
Posts

Under Contract on Occupied Duplex

Kyle Hendricks
  • Lender
Posted

Hey BP forums!

I am under contract on my first home. Super pumped about this deal!!! It is a fully occupied duplex in Puyallup WA. Both units are in great shape and severely under market rents. I need to owner occupy, and raise rent in the other unit, or  vacate both units and re-rent the other to new tenants. I am open to living in either side. 

I am having trouble finding specific laws for this are on notice to vacate. The sellers gave both units notice of sale and stated they may have to leave depending on new owner over 90 days ago.

I want to be as reasonable as possible and give both units time to move out (60 to 90 days) and let both pay their current rents until then the time being.

Wondering if anyone has had a similar situation. Hopefully everything goes smooth but just want to make sure I am covering my basis in case they give me a hard time and make sure I do everything by the book.

  • Kyle Hendricks
  • [email protected]
  • 253-355-0247
  • Most Popular Reply

    User Stats

    882
    Posts
    1,968
    Votes
    Sherief Elbassuoni
    • Realtor
    • Bellevue, WA
    1,968
    Votes |
    882
    Posts
    Sherief Elbassuoni
    • Realtor
    • Bellevue, WA
    Replied

    @Kyle Hendricks, you will need all what you need on the RHAWA website https://www.rhawa.org/covid-19

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