Absentee Owner has to evict tenants before Investor will buy

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Absentee Owner has to evict tenants before Investor will buy

Account Closed
Dupont, WA · Member since 2017 · 42 posts · 5 votes

If an absentee owner has to evict the tenants as a condition for the investor to buy...do the eviction fees come out of the tenants deposit, my assignment ,the Sellers profit or the investors profit?

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  • Account Closed
    OP
    Dupont, WA · Member since 2017 · 42 posts · 5 votes
    9y

    @Account ClosedAhhh, well that was a common sense answer :) thank you! I tend to overthink things. 

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  • Brian Cohen
    Investor · Bainbridge Island, WA · Member since 2015 · 16 posts · 12 votes
    9y

    Is the lease term over and proper notice given to the tenant? If so, then tenant is in violation of lease terms and would be responsible for eviction costs. 

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  • Account Closed
    OP
    Dupont, WA · Member since 2017 · 42 posts · 5 votes
    9y

    I'm  actually asking in a hypothetical scenario however, I will keep that in mind @Brian Cohen. Thanks!

    I think the scenario I will likely find myself in is a tenant who is still within their lease term. 

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  • Brian Cohen
    Investor · Bainbridge Island, WA · Member since 2015 · 16 posts · 12 votes
    9y

    @Account Closed. you may get into some tenants rights issues, so before you try to terminate a valid lease, check with an attorney. 

    2Reply
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