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Buying property with tenants
What documents do I need before or at closing to properly show transfer of lease ownership to me when buying a property with tenants in place already? This is my first time buying with existing tenants and just want to make sure I get all the correct documentation. Thank you in advance.
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John Underwood
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Quote from @Zachary Buschmann:
What documents do I need before or at closing to properly show transfer of lease ownership to me when buying a property with tenants in place already? This is my first time buying with existing tenants and just want to make sure I get all the correct documentation. Thank you in advance.
Seller should turnover any valid leases to you at closing.