Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 2 years ago, 10/16/2022
Seller can’t find leases
I am closing on a duplex Monday and the seller has been dragging his feet on sending over the leases of the current tenants and now he is telling my realtor that he cannot find the leases.
He has said verbally how much they are paying a month but does not know the deposit amounts nor terms of their agreement. Who is paying which utilities etc. Obviously my concern is that I have nothing to stand on if the tenants claimed that their security deposit was any amount of money at moveout.
I have not encountered this before. Any suggestions?
My only idea is to ask the current tenants for an email copy of their current lease.