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Updated over 5 years ago on . Most recent reply

User Stats

12
Posts
6
Votes
Thomas Hatley
  • Greenville, SC
6
Votes |
12
Posts

Inherited Schizophrenic Tenant

Thomas Hatley
  • Greenville, SC
Posted

I'm in the process of negotiating to purchase a home that is occupied by a very elderly schizophrenic tenant who, according to the seller, has not paid rent or been on a lease in nearly ten years.  What should I do to protect myself?

Most Popular Reply

User Stats

312
Posts
349
Votes
Kevin S.
  • Accountant
  • Tulsa, OK
349
Votes |
312
Posts
Kevin S.
  • Accountant
  • Tulsa, OK
Replied

@Thomas Hatley you should make it part of the offer/sale that the seller evict the tenant before you close on the property. The last thing you want to deal with as a new owner is the headache of a non-paying tenant. 

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