Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$39.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Utah Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

13
Posts
30
Votes
Peter Petwr
30
Votes |
13
Posts

Ogden Utah Vacate Unit options

Peter Petwr
Posted

There's a buyout option , as the landlord, can i buy out the lease on inherited tenants ?

the previous owner didn't tell the tenants that the house was being sold i assume they figured it out with the walk throughs and real estate agents. 

one of them has a lease for another year at least. Do I have to let it ride?

the wording wasn't super clear on who specifically the buy out option was for.

if the 2 months rent buyout is applicable to me , how do i serve it ? 

I served a normal 30 day intent to vacate form. Will this one be similar  a 30 day intent to vacate with an addendum of lease buy out +2 months rent? 

They wouldn't mind ending the lease early as long they had another home to live in.

There's two brothers , one has a government job so he would be a fantastic tenant... they have a dog. 

I have other plans for the property at the moment so I need it vacant. 

Theres a lot of info in this post, any ideas?

Loading replies...