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Updated about 6 years ago,
Drug Bust the Morning of Closing (unbeknownst to me!)
Hi BP -
I closed on a duplex this morning. Both units are currently rented. It's an out of state property and I closed remotely.
A few hours after signing all of the paperwork, I was told by the outgoing Property Manager that one of the units was raided in a drug bust this morning and that the tenant is now in jail.
I have a lot of questions about this:
1) Since this happened before signing and I wasn't notified, shouldn't the eviction be the outgoing owner and PM's responsibility?
2) What do? I mean very practically, what happens in this situation?
I was going to sign the paperwork with my new PM today, but this feels like a bad way to start.
Any insight is helpful. Thank you!