Quizzes & Puzzles8 mins ago
buying a house with tenants inside
11 Answers
hello my dad went to view a house on Thursday that had tenants inside and this was the start of their 2 months notice. he has bought the house but cant move in until the tenants have served their 2 months notice which will be end of august. he is hoping that most of the paperwork will be done by this time, but he is worried that the tenants may decide at the end of august that they will not leave and they will declare " squatters rights". What can be done if this situation occurs? can they do this even though they are already giving 2 months notice to their landlord? Thanks
Answers
Best Answer
No best answer has yet been selected by beverleymot. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.When you say bought, do you mean put an offer in, exchanged contracts, completed? I note that you mention that paperwork is still to be done so hoping just the former if anything as he should not complete until he has vacant possession as others have said.
He should also make sure he deals with issues like the condition of the property (make sure it has been left decent and no nasty surprises like a boiler or included whitegoods disappearing) and security - if tenants have been in I'd certainly want the locks changed as who knows who could still have keys.
He should also make sure he deals with issues like the condition of the property (make sure it has been left decent and no nasty surprises like a boiler or included whitegoods disappearing) and security - if tenants have been in I'd certainly want the locks changed as who knows who could still have keys.
When we bought late last year, the sellers were a bit iffy about taking the trouble to move out, and they were renting when they went. Even a week before we were due to exchange, the story was that the daughter had yet to move out.
That all said, it was included in our exchange particulars that there had to be vacant possession, and to fail would incur penalties which were sufficient to scare anyone into complying.
That all said, it was included in our exchange particulars that there had to be vacant possession, and to fail would incur penalties which were sufficient to scare anyone into complying.
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.