Search results

  1. B

    Increasing $25 for the existing tenant in newly acquired property ?

    Help me out here. Isn't it the case that the purchaser acquires no greater interest in the property than the vendor had to sell? And the vendor's interest was subject to the lease. So how can the purchaser kick the tenants out if the tenants have an exclusive right of possession for the term...
  2. B

    Increasing $25 for the existing tenant in newly acquired property ?

    My wife thinks its hilarious. How long til the Whirlpoolers find us!? Battle of the Titans. Whirlpool v Somersoft. Who will win? Maybe we should counter offer at $20 on John's behalf.
  3. B

    Increasing $25 for the existing tenant in newly acquired property ?

    If the lease was signed before the property was sold then John is bound by the lease. It is irrelevant whether John knew about the lease or was even deliberately misled by the vendor (although he may have a claim against the vendor). Maybe maybe not. It would likely all blow up into he...
  4. B

    Increasing $25 for the existing tenant in newly acquired property ?

    Really? How do you know that? Because the vendor said it to John? And which the vendor might now deny saying? Two things. 1. It is at least some evidence as to on what terms the tenant is living in the house. 2. If it says vacant possession there is at least some hope of suing the vendor...
  5. B

    Increasing $25 for the existing tenant in newly acquired property ?

    What Alex said. It's not kosher and you need to sort it out. Heaven help you if the tenant suddenly claims they have a ten year lease in place at 100 dollars per week. Does your sales contract say you will be given vacant possession or does it say the property is tenanted? And if it says...
Back
Top