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Updated over 7 years ago on . Most recent reply
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Inspection day and the Tenant left the water running???? Help
Currently under due diligence and the day of the home inspection we find the tenant left the water running in the kitchen and up stairs baths causing water to flood the basement unit (duplex) . House already needs about 20k in rehab to get both units rented.
What should I do any recommendations this would be my first rental that was not my primary residence?
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The sellers obligation in a typical contract would be to deliver the property to the buyer at closing in at least as good a condition as the day you reached mutual agreement, so assuming they are keen to close the seller is on the hook to complete the repairs before closing or lower the price to cover your cost to remedy. It's the sellers property, tenant, damage and problem all the way up until closing.