Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

61
Posts
28
Votes
Wade Garrett
  • Montvale, NJ
28
Votes |
61
Posts

Seller Not Providing Leases

Wade Garrett
  • Montvale, NJ
Posted

My offer was accepted on a property 6 weeks ago, been out of attorney review for 5 weeks and the seller still has not provided current leases. I have spoken to all of the tenants, and they have told me what they pay. But obviously I need to see legal documents with my own eyes and he just hasn't sent them. I have asked half a dozen times and it is a stipulation in the contract.

He has a better buyer away, so I don't want to break contract over it. 

Any suggestions?

Most Popular Reply

User Stats

1,730
Posts
1,511
Votes
Jason Hirko
  • Lender
  • San Antonio, TX
1,511
Votes |
1,730
Posts
Jason Hirko
  • Lender
  • San Antonio, TX
Replied

@Wade Garrett If you know the terms of the lease, and have spoken with all the tenants to get their agreement on those terms, you can have your attorney draw up estoppel certificates for each tenant outlining the material terms of the lease. Have them sign it, and then you're good to go. 

Loading replies...