 My lease ends in October but landlord says I have to pay an extra month.? |
| My landlord is telling me I have to pay an extra month because I didn't give him a 30 day notice that I was moving out. But I did refuse to sign another lease months ago. Can he legally do this?... |
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 Negligent landlords rental house across the street from mine needs it's front lawn mowed badly.? |
| Long story short - I live in a new California community and the house across from mine is a rental property. The tenants were evicted and there have been no new people living there for weeks. The ... |
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 Ex girfreind wants money for leaving my home?? |
| my question is i own my home name is on everything, but my girl is moving out and she wants money for leaving, been together for 8 months in the home and she gives me a check for "rent" ... |
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 What would be the best possible Home Loan I could get buying a co-op? |
| I heard that you cant use the nothing down or 3% mortgages on a co-op purchase. Is this true I live in NY. WOuld I hav eto put down 10% no matter what. Also FYI Most one bedroom co-op go for atleast $... |
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 Can some one help me,with this i have live in my apartment for seven years? |
| i had a rental agreement from the old owner. but when thay sold this place the new owner never gave me one,it was sold in 99, and i never got aggessmet from the new one,i have ask from 2000 but never ... |
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 Should I pay rent? We live together and I clean? |
| My fiance and I live together and he wants me to give him $400 a month for rent. I told him that if I am going to give him money for rent then he can do his own cleaning, laundry, etc. He considers ... |
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 Changing Mortgage? |
| If I think my mortgage is much more that what the house is currently worth, how can I get my mortgage amount adjusted?... |
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 A real estate appraiser is coming to our house tomorrow - anything special I need to know? |
We are refinancing our house and an appraiser will be out in the morning. Besides cleaning, is there anything I should do to make our house look great?
Thanks!... |
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 Problems with our tenancy agreement? |
| My tenancy agreement states that i have 2 give 2 months notice before i leave. however, my landlord hasn't rectified the following problems that we have advised of: 4 heaters not working (hence ... |
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 I live in las vegas and with the market's turn the house that i'm buying that was worth 350 last year is now |
| appraised for 300! the appraiser just came last week and that's what he appraised it for. it will go back up again, right? here in vegas so many houses are in foreclosure and people and i'... |
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 Landlord issue? Heat issue? |
| When I moved into my apartment, I was told that we had no air conditioning and I wasn't allowed to have a window unit because the building couldnt handle the voltage. But my landlord told me it &... |
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 IS this legal? |
| My friend and his family moved into a house here in our small town in missouri,but maybe getting evicted because the landlord does not allow visitors of anykind,ever. No family,no friends, no nothing?... |
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 How can i get an estate agent to sell my house quicker ? |
| My house has been on the market for about 6 weeks , how can iget it to sell quicker , without selling it for nothing , we are emigrating so i need to get as much as possible for it but it seems not ... |
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| First time homebuying? |
| can anyone help me how do I know if I qualify for a home loan?... |
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 Can this old lady sell her house? |
| An old lady neighbour has gone into a care home. She wants to sell her house to pay for her 'rent' at the home when her savings eventually run out. She has appointed her niece (she has no ... |
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 My husband and I bought a house and we need to terminate our lease. our landlord is being a jerk! Help!? |
| I entered into a twelve month lease while my husband was deployed. Once he got home we decided that we wanted to buy a house. Therefore, at the beginning of August we found a house that we really ... |
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Are We There Yet? | If someone buys a rental property that currently has tenants, does the new owner have to keep the tenants? |
My husband and I are looking in to buying a 7 unit townhouse style rental property -- it is currently fully rented, however, we were looking at purchasing it so that we could convert three (or 4) of the units in to one for us, while renting the others.
I asked the real estate agent who showed us the property if we purchased if we would have to keep the current tenants and her only reply was 'Well, it's fully rented, why would you want to mess with that!" Again, I told her we'd ideally like to convert some of the units, and then remodel/update the others, and re-rent when we were through. She just ignored me then (great agent, isn't she, lol).
Anyway, I was wondering if we did make the purchase, what our obligation towards the current tenants would be. Would we have to honor the previous lease agreement between the current owner and the tenants, or could we tell them they have say, 2 or 3 months to leave, as we are converting/remodeling? |
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goz1111
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In most states the lease runs with the land and you would be legally obligated to the length and terms of the leases, so you may want to have part of your offer conditional to reading the leases, now a few states do have statute allowing a termination on owner intent to occupy, NJ has one
It may be easier to make your offer conditional on a number of units being empty, that way it places it on the old owner to make deals with a few tenants in order to get the deal done, in this buyers market why not make the offer conditional on certain units being empty at closing |
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Real Estate Guy
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YES. Leases run with the property, not the owners. If they are on a month to month, then you need to give them the regular 30 day notice. If there is lease, then you need to honor the lease. |
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Doctor Deth
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depends on where the tenants are in their lease - if they are month-2-month - you can get them out pretty quickly - if they just moved in 4 months ago with a 12 month lease - you can't do anything to them for 8 months |
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asianhottie29
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You'd better check each lease with the seller. Becasue if he signed two years or 5 years lease, you will have trouble to get out. That's probably your agent trys to avoid your questions. Becasue if you back off, she won't make $. |
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Useful Idiot
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When purchasing real estate, you purchase "subject to" the existing lease agreement with the tenants. |
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Bart M
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That's part of your due diligence |
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Sandra M
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I partially agree with the Real Estate Agent, if the tenants are paying the rent why mess with that? On the other hand the remodeling thing may not work for you because at times owners are made to relocate their tenants during remodeling.
You will have to abide by the terms of the lease agreement and usually it says that either party can terminate the lease as long as you provide 30 days written notice. Check the terms of the lease and find out what you have to do to terminate the leases on the tenants if you really don't want them living there. Also, CONSULT WITH AN ATTORNEY FIRST. Most times the consultation is free and it certainly won't hurt. |
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Ralph N
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you will not be able to do it over night. design/construction.
you could let the leases run out an d place them on month to month. once construction starts you will need to cut water/elec /gas service. but it can be done. get a good price for it. and dump the re agent. |
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daeve930
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It's been a long time since I went to real estate school, and it may differ from state to state, but I Think that leases must be honored when the property is sold, unless you plan to occupy the premises yourself. Call the mayor's office and ask for the number of the department that handles renter/landlord issues. |
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PupMom
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I do not believe so but certain states have different laws on that and how much notice you have to give to them. Check with you county law office and see if they can answer question |
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