Check with a local attorney.

So long story short, I closed a property in dec, 18, 2018 with a closing attorney, and with the closing statement, I have a title insurance binder.

So long story short, I closed a property in dec, 18, 2018 with a closing attorney, and with the closing statement, I have a title insurance binder.

I hadn't gotten an attorney yet for this & just let the deal just flow as it was, and it did very smooth. 

Duplicate

Have you had this arrangement reviewed and vetted by a tax attorney? 

I'm not an attorney, so you are probably best off talking to one licensed in the state of the subject proberty... but one option you might explore is that the seller places money in an escrow account to be paid wholly or partially to you in the event the tenant does not vacate, or the money is returned to the seller after the tenant in question has vacated.

| LouisianswersAnd here:  Law of LouisianaYou need to contact a local investor friendly title attorney.

@Michelle Addison Yes, the $20k went to the zoning attorney and the architect.The zoning attorney it's a must for anything zoning related in Boston.Best of luck with your Florida deal.

Over the course of the ensuing six months, I work through the very challenging short sale process,  massive amounts of paperwork and the engagement of attorneys, banks, negotiators, etc...During this entire time, this incredibly dishonest and deceitful buyer is limping along through the process, making counteroffers at the very last moment, ghosting for long periods of time and generally displaying a total lack of understanding any part of the transaction.