Make sure your agreement is in writing to avoid miscommunication and misunderstandings, and don't make the final payment until you are completely satisfied with the job. 

They will not issue the transfer stamps until that list is completely satisfied.  

I ended up having the buyer bring more money to the deal, which satisfied both parties, but we weren't $40,000 apart.Good luck with it.

If the university is booming and land locked such that they are looking at buying adjacent property and knocking down buildings for their own expansion you might want to think about limiting improvements, being satisfied with slightly lower rents, but then looking to sell out blocks of property to the university.

@Marco SantarelliYour clients must very satisfied with your "product" which is awesome.

I have used him for nearly two years now and am very satisfied with his expertise. 

Someone dies, the note goes to their estate, you may not be able to act quickly to satisfy a buyer.

So I'm working with a local non-profit to help them liquidate at least one, but probably 2 of 3 properties currently under a commercial umbrella mortgage held by a regional bank. They are looking to tidy up their affa...

If you haven't already discovered it, a great blog on living a frugal but satisfying lifestyle is mrmoneymoustache.com.

I've used something similar if I've done a mutual lease termination or did a cash for keys type deal.I just typed out a letter to the tenant  that the account is satisfied and no further claims against owner or management.Sign it and date it