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Updated almost 6 years ago on . Most recent reply

User Stats

21
Posts
2
Votes
David Jesse
  • Jax, FL
2
Votes |
21
Posts

Current leases after offer. Is the contingency worded right?

David Jesse
  • Jax, FL
Posted

I'm getting ready to put an offer down for a rental property that already has tenets, but my agent is telling me that I will get the lease agreement after acceptance of offer, and if I don't agree with it, there is a contingency. In the contingency it says

"Seller to provide copies of all leases within 3 days of acceptance."

Is that enough for me to back out of the offer if I don't like something in the leases? or it should say something along

"Seller to provide copies of all leases within 3 days of acceptance, and the buyer would have to agree/accept the terms of the leases"

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