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Updated almost 10 years ago, 01/31/2015
Closing on occupied property when rent is due
So, I am closing on a tenant occupied property sometime next week. I know that I should receive credit for the rent that has been paid for the remainder of the month, along with any held security deposits. My question is, what if the tenant is late this month, and has not paid the PM for February yet? Will I still get the credit, or will I be expected to go get the rent from the tenant?
Thanks!