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Apartment for sale now has tenant. Discount?

Started by anonymous777
over 14 years ago
Posts: 17
Member since: Mar 2008
Discussion about
The unit (~2008 construction) had been owner occupied. I am worried that the apartment is going to suffer significant wear and tear. Is a discount warranted?
Response by Riversider
over 14 years ago
Posts: 13572
Member since: Apr 2009

How is wear and tear any different than if the unit had a previous owner and not a renter. The real issue is whether the unit is delivered empty or with a tenant.

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Response by anonymous777
over 14 years ago
Posts: 17
Member since: Mar 2008

The owners had taken really good care of their purchase. Worried that a tenant is not as soft on the apartment. Is it difficult to remove the tenant?

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Response by gcondo
over 14 years ago
Posts: 1111
Member since: Feb 2009

A standard lease states that if the unit changes hands, so does the lease.

move on - or ask the owner to put some money in escrow to repair anything the tenant damages. WTF do I know? ask a lawyer.

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