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re: kicking out tenants after buying a house
Posted on 9/2/14 at 11:12 am to MikeBRLA
Posted on 9/2/14 at 11:12 am to MikeBRLA
quote:
He doesn't have a deposit to return
We had a tenant in place when we bought, and the old owners gave us the deposit when we bought the place.
Though I guess that was at the descretion of the owner, sine the lease was not recorded - and we had indicated interest in keeping the tenant (until we discovered the owner lied to us about how much rent they were collecting.)
1
Posted on 9/3/14 at 9:09 am to SpidermanTUba
If the lease is recorded in the mortgage office, it bears against the property and the buyer must honor it. If the buyer had done a title search before he bought the property, which he should always do, he would have known this.
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