Told after closing that the tenant is being evicted

[John Cantey]

I closed on a property, with the assumption that I would be getting prorated rent and the security deposit. I only received half the security deposit and no rent. They let me know that the tenant was being evicted, court case in 3 weeks. They were keeping half the sec. dep. for lost rent. Now I'm stuck with a tenant that can't pay rent, half of a dep. and a court case to kick them out, if possible, not even sure legally if I can. 

There should be some disclosure procedures so buyers aren't put in this situation. 

[Damaso Bautista]

@John Cantey

Why didn't you confirm this information during your due diligence? I am not suggesting that the seller didn't do anything wrong but I am saying that you as the buyer are responsible for confirming all of the details of the transaction are correct before you close.

Now if the seller straight lied to you that is a different story but if you neglected to confirm this then I would say you excepted this situation by closing.