Tenants Moved Out Day Before Closing - Our First REI Purchase

[Ben Naughton]

So, we are getting ready to purchase our first duplex tomorrow.  I was just notified by the Title Company and current owners that the tenants moved out yesterday without notice.  

Im curious as to how this should work out. We were suppose to have last months rent, security deposit, and pro-rated rent credited to us on the HUD.

The owner was suggesting keeping their last month's rent pro-rated until the day they left and security deposit (if unit is left in good shape).  I'm getting ready to do a final walk through as well.  

Since they left with no notice wouldn't they be on the hook for rent until it was re-rented or their lease expires? (March 2016)  Im reviewing the current lease and all it says for Default/Remedies is to see the Florida Residential Landlord and Tenant Act, Part II, Ch 83.

Im reviewing that as well, but still being a new REI and Land lording, Im having trouble figuring out exactly what should happen. Any input is appreciated

Overall I suppose it's a good thing because we can start with new tenants and not inherit deadbeats.  Guess this is my introduction of being thrown into the Land lording world.  

[Account Closed]

That is great news for you now you can start fresh renovate the unit and pick good tenants. Do make sure escrow is crediting you  security and last months and dont release funds until your final walk thru.