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
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 11 years ago,
contract question: rental guarantee
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