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Updated over 5 years ago, 06/25/2019

Shweta Patel's profile image
Shweta Patel's profile image
Shweta Patel
  • Member since Dec 29, 2018
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47
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14
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Shweta Patel's profile image
Shweta Patel's profile image
Shweta Patel
  • Member since Dec 29, 2018
Connect
Shweta Patel
14
Votes |
47
Posts
Mobile Home Park Investing

Purchasing a park- question about deposits on RTO contracts

Shweta Patel
Posted

Hi guys,

I am looking into my next park deal. The current owner is transitioning the POH's into RTO's and has 4 already in place. My question is- wouldnt the deposit's currently held by the owner on these contracts transfer over to the new owner upon sale of the park ( assuming all homes are being transferred)?

TIA

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