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Updated over 5 years ago on . Most recent reply
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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
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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.