Since this is a seller, you would need everything in writing that was signed at closing stating you would take control of the listing.

Although the odds of something bad happening are slim.....stuff does happen.If you could find out who is in charge of this you could at least sign sort of agreement regarding liability....?

The trick here is to get a signed deed and wait to file it.

When they have a signed lease they are able to take 75% of that rent amount. 

They originally booked for 3 months, and we agreed to a signed 3 month lease agreement. 

I just looked at my brokers contract and there’s no way I’m signing it.

Have one of the students sign the whole lease and let them sublease the rooms to other students. 

Also, I would expect the contractor to also sign on for the loan personally. 

The security deposit should be paid upon closing to you to hold as the new landlord because you inherit those tenants and the lease should be signed over to you as well at closing.

We're at the point where P&S has been signed by all parties of both transactions, and we've been approved for a mortgage by Salem Five.