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Updated about 9 years ago,

Bill Baldwin's profile image
Bill Baldwin's profile image
Bill Baldwin
  • Investor
  • from Shibuya Ku, Tōkyō-to
  • Member since Sep 8, 2015
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User Stats

90
Posts
36
Votes
Bill Baldwin's profile image
Bill Baldwin's profile image
Bill Baldwin
  • Investor
  • from Shibuya Ku, Tōkyō-to
  • Member since Sep 8, 2015
Connect
Bill Baldwin
  • Investor
  • Shibuya Ku, Tōkyō-to
36
Votes |
90
Posts
Buying & Selling Real Estate

Existing Tenant Deposits When Purchasing

Bill Baldwin
  • Investor
  • Shibuya Ku, Tōkyō-to
Posted

Question for the larger community - what is the convention on existing tenant security deposits when purchasing a turnkey rental property? Should they be passed to the buyer? Taken off total closing amount? Previous owner retain them?

Thanks in advance!

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