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Updated almost 11 years ago,

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1
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0
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Rich Smith
  • Furlong, PA
0
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1
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contract question: rental guarantee

Rich Smith
  • Furlong, PA
Posted

All

from either a buyer's or seller's perspective, has anyone ever seen clauses that guarantee a seller has a new tenant lease signed prior to closing? This is a flipped property (vacant) in a college town and college signing for 2014-15 school year is now. By the time closing occurs, significant % of renter demand has already booked.

Thanks

Rich