Yes, more liability but I've not been concerned with that to date, but like most contracts, nobody is all that concerned until things go sideways... or in the event of a water landing as @Jay Hinrichs said (I'm stealing that one by the way).

I'm considering legal action myself once I get a spare moment, this is absolutely ridiculous.

Depending on her needs this could be a really good opportunity for a land sale contract/Contract for Deed (owner financing).

Additionally, I would make sure you still have a mortgage contingency clause in the contract in case the funding falls through. 

*No agency, no legal advice

Very similar to a property I am currently in contract with in Phoenix.

The current Owner probably has no legal status to make a verbal promise to the tenants without your knowledge of it beforehand. 

Unless their planning on holding costs for 2 properties, while theirs sells, those really great houses they look at would probably be under contract in days in a hot market.

Hi BPer'sI am new REI in Houston TX and I am currently under contract for my first major rehab project. 

Hi Everyone,Thanks so much for your input in advance, as I'm a bit over my skis on a property that is currently under contract.