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Updated about 5 years ago,
New Owner/House Hack
I’m new to this and I’d love your help.
I am under contract on a duplex. I’ll occupy one side. We plan to close in March. One tenant’s lease is up in February, while the other in August. Two questions:
1.Will March’s rent be prorated or given to the existing owner? Or mine?
2. Is the existing owner responsible for returning the deposit? If so, when?
Thanks for your help!