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Updated almost 10 years ago,

User Stats

116
Posts
53
Votes
Sergiu Ionita
  • Real Estate Agent
  • Social Circle, GA
53
Votes |
116
Posts

Duplex with no lease agreement. Buy or no?

Sergiu Ionita
  • Real Estate Agent
  • Social Circle, GA
Posted
Hi! Im from Portland Oregon. I've made an offer on a duplex that has tenants living in there, the seller can't/won't provide a copy of the lease agreement. Is this something I should be worried about? My agent says it's not a big deal. It sounds like a big deal to me though. I'm going to need to live in one of these units as I'm using an FHA loan and one of the tenants has to go. If I were to buy it, how would I go about getting rid of a tenant if there's no agreement??

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