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Updated over 5 years ago on . Most recent reply

Multi family Offer question
Hello everybody, I am putting together my first offer on an occupied duplex. I have a question about the language to use when requesting the leases for review of the current tenants. The question is a straightforward one, how should that request read?
One other question, if I’d like a copy of the maintenance logs and move in inspections should that be in the contract. If so, how should that read.
Thanks for your help.
Kenneth
Most Popular Reply

I'd recommend putting the leases in the contract as a contingency.
"Sale contingent on the buyer receiving the current leases for review"
The second part that you mentioned, well..., may not get so lucky on that. Depending on the owner/management they may not have great records. You can ask, but I wouldn't be surprised if they can't provide them.