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Updated over 1 year ago,
Tenant debt and property sale
Hello, so I am selling my first rental. It is a duplex and I still have the two original tenants from when I purchased it. The one tenant has been behind since I purchased the property and has caught up a lot on her past rent (through Covid) and I have decided to put the property up for sale. My question is what happens to this dept (about $3,000) she still owes. I would like to know my options. I plan on waving it in exchange for her cooperation in keeping the place clean and available for showings. However, I’m not sure if I actually have any leverage other than just waving the dept when I sell.