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Updated almost 10 years ago,
Duplex with no lease agreement. Buy or no?
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??