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Updated over 9 years ago on . Most recent reply
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Selling a property with a tenant in it
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I'm going to gues that she does't have the right. I would have to see the lease.
Note that I'm not an attorney, but the sale of the asset shouldn't qualify any disregarding of the lease, which is also an asset.
I've often heard people say hey will move and don't. Sometimes I wish they would :). The point is that a good introduction should cure the problem.
Also, it might be worth pointing out that just because you buy the house you may not automatically buy the leases as well. I think it's safe to add a clause saying the leases are part of the deal.
I would call Buddy Marks if you are concerned. He is a local re attorney. If you don't already have his number, try (614) 258-9300
If you find out that any of this is wrong advice, and it might all be totally wrong, please post a follow up.
Good luck!
Phil