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Updated over 5 years ago,

User Stats

11
Posts
1
Votes
Chris Matheson
1
Votes |
11
Posts

seller signed new (lower) rent lease before closing

Chris Matheson
Posted

Hello, I am under contract for my first duplex. After going through the initial due diligence period we are now waiting on the appraisal and then we are cleared to close. I went by the unit yesterday to speak with the seller on a few things and was informed that one of the tentants had signed a new lease and the rent was for less than what was disclosed before we made our offer. I am curious if that is legal or if the seller has violated the terms of the agreement.

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