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Updated about 8 years ago,

User Stats

38
Posts
18
Votes
Ryan Oldenhage
  • Rental Property Investor
  • Allentown, PA
18
Votes |
38
Posts

Do security deposits transfer with a property sale?

Ryan Oldenhage
  • Rental Property Investor
  • Allentown, PA
Posted
When you purchase an investment property that already has tenants in place, does the seller transfer the security deposits to the buyer as part of the sale or is it their responsibility to return the security deposits to the tenant and then the buyer collects new security deposits from the tenants once the property is transferred?

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