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Updated over 4 years ago,
HELP Buying a house with a tenant managed by a property company
Hi I'm in the process of purchasing a single family home that has a tenant living there. We would like to keep the tenant and we have been told they want to stay. BUT we want to ditch the management company the current owner is using as rent direct with the tenant. Is the seller responsible for letting the management company go? Just wondering what is going to happen with the tenant at closing. This will be our first time long term renting. We would appreciate any help! Thanks!