Inherited Tenants and Estoppal Agreement
I made an offer on 5 unit multi property and asking for contingency clause in PA to review actual lease agreements or get estoppal note from each existing tenant. I was send a blank lease agreement and received the following email from the seller.
“Please understand that by law I am not able to provide you with any documents that my tenants personal private protected information is on, but at closing you will receive the files”
Is this true? I don’t feel comfortable signing PA without reviewing the actual leases. How would I know if the blank lease she sent is the actual lease they all signed?
Most Popular Reply
@Susie Ruffini I would leave that property for someone else to deal with. You are unable to do your due diligence without that documentation and more. A blank unsigned lease is for wrapping fish!