Move in before closing

Waterline Square? Unfortunately, it is very unlikely that you will be able to get a possession before the closing. The best way would be for you to ask for a month or two lease extension. It works for the landlord as well because it is better for them to look for a new tenant in spring than in winter. Good luck!

Sponsor does not know that you will actually close. Someone may just move in and squat. Hence, they are unlikely to entertain move in before closing.

To be precise, ask your landlord to let you go month-to-month. By law, either party can terminate for any reason with 30 days notice. You don't even need to sign a new lease.

Moving in before close is a bad idea for a gajillion reasons.

Kind of a small miracles. The sponsor consoled with their lawyer, and has agreed to let us move in pre-possession, renting the place until we can close. With a lease. rent is what we would pay in mortgage. Our unit was the sample house, everything is done and ready to go. We are planning on taking the offer. What are some possible down side?

The current co-op has a 2 year rental rule. If we stay longer the next renter will have like a 10 months lease. Which they are not willing to do. We are friendly with the current land lord. so staying isn't really an option. :(