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Updated 5 months ago on . Most recent reply

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Account Closed
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Buying & Selling Real Estate

How do I transfer Leases when buy a full rental property

Account Closed
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Seattle, Washington
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Adam Bartomeo
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Adam Bartomeo
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Thats not accurate. An estoppel is just a verification of rent and security deposits. It doesn't have anything to do with transfer of lease. State law normally requires to lease to automatically transfer with the property. There typically isn't a need to sign new leases or do any formal transfers.

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