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Updated over 7 years ago on .
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Obtaining Up-to-date Rent Information of Existing Tenants
I'm in escrow for a 12 unit building. Its been in escrow for a couple of months now. When I get a confirmed date to close, how do I go about getting all the correct and up-to-date information of the units that are vacant or occupied and those of whom are up-to-date and are delinquent in paying rent? I recently realized that my real estate agent omitted the Rider Inspection. To make a long story short: in the middle of escrow, she changed brokerage firm and had me sign a mutual release agreement and a new contract where she omitted the Rider Inspection. I no longer feel she is looking after her client's (me) best interest. So there's a trust issue here and I need a way to validate the current tenant status to match what will be written on the HUD statement.
Most Popular Reply

One way is to get the an affidavit from every tenant and at least bounce that off seller and real estate agents or property management and make it a requirement on the title company to provide before or at closing.