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Updated almost 6 years ago on . Most recent reply

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22
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Jared K.
  • Rental Property Investor
  • Chelsea, MA
2
Votes |
22
Posts

Purchasing Multi and need to take parking from another tenant

Jared K.
  • Rental Property Investor
  • Chelsea, MA
Posted

In the process of purchasing a 3 family owner occupied property in Massachusetts. I will be living on the first floor taking over that unit from the current owner. However, since the owner didn't have a car, she included parking in the 3rd floor lease. His rent price doesn't currently reflect it (as it should be more with parking). His lease is expired and he is currently tenant at will. I'd like to provide a new Tenant at Will agreement where the driveway is NOT included (so that I can park there). Any suggestions on approach for taking the parking away? I already stated in the P&S that the driveway and garage need to be cleared and cleaned by close. At what point should I have the conversation with the 3rd floor tenant and provide new lease? I'm sure he's not going to be happy.

  • Jared K.
  • Most Popular Reply

    User Stats

    909
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    297
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    Justin Kane
    • Specialist
    • San Antonio, TX
    297
    Votes |
    909
    Posts
    Justin Kane
    • Specialist
    • San Antonio, TX
    Replied

    check your local ordinance as here it is 1.5 parking spaces per unit, also check the lease agreement if it does not clearly state 2 spot allowance then they arent entitled to it , so youll just want to negotiate that, but try and have the current owner do that as they already have a preexisting relationship and if you are moving in, the last thing you want is angry tenants next to you

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