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Updated about 11 years ago on . Most recent reply

User Stats

26
Posts
1
Votes
Ali Chami
  • Real Estate Investor
  • Dearborn, MI
1
Votes |
26
Posts

Acquiring a tenanted property

Ali Chami
  • Real Estate Investor
  • Dearborn, MI
Posted

Hello fellow BP members, I am looking at acquiring a SFR from a bank. There is currently a tenant whose initial lease began with the owner who lost the property and was extended by the bank.

Is there any specific law or condition that could possibly force me to honor the lease?

Thank you

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