OR read your ccrs and see about amending and arc guidelines.

It probably has been filed already so you will have to amend your returns and you will probably get a loss from the condo from what you have said and will receive a refund for taxes paid in most scenarios.feel free to contact me privately if you like.Joe

If you do not have any verbiage that addresses late fees, then you may be able to give notice to the tenant that your amending the terms of the lease.

If not, perhaps you may be able to amend the current contract to allow assignment.

I just used EchoSign to sign a lease amendment with my tenant, it worked great.

Make sure the new tenant passes your screening.I think all you need is a lease amendment removing one and adding the other, and get all four tenant signatures.Ralph

I've also had an agent wait until just a few days before a scheduled closing and say "here's an amendment to lower the price based on our appraiser's feedback or a cancellation.

If it's a mistake on the part of the Escrow officer, just get a corrected/amended HUD one rushed through and then get it to the underwriter.

The lender will have to deal with her as a party to the mortgage which can be done through a modification and amendment and the deed through a quit claim.

There could also be a "leasing cap amendement" which limits the rentals in the development/building to a certain percentage.