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If you do get the house, please be sure to give the current tenants as much notice as possible that you do not intend to renew the lease. Also The other option is to take over the lease and then give the current tenants the notice to vacate ourselves. I looked up [consumer VIC website],
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Properties with Existing Tenants: The Pros and Cons If you're buying a property with existing tenants, you might feel a bit nervous. And, if this is your first deal, you'll want to follow a few
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Your “option” is to collect rent, and wait until the terms of the lease allow you as a landlord to declare the lease over. This may be a thirty Steps YOU NEED to Take When Buying a Property With Tenants in Place
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You can often get a great price on post-foreclosure houses, especially if there's a tenant inside who refuses to leave. But beware. Purchasing A House With Current Tenants : r/legaladvicecanada
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Hit that button if you find this helpful! Follow me for more real estate tips and hacks! -------------------------------------- FREE Real When you buy a tenant occupied property, in most cases you are required to abide by the terms of the lease between the tenant and former owner. Lease Active? Current tenants have a lease? You're a landlord on closing. Lease Ending? You can provide 60-day notice for
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Are you thinking about buying a home with existing tenants? There are pros and cons to purchasing a home with tenants in place.