Situation: I signed a licensing agreement with the vendor to gain early access to the property and begin open for inspections to find a tenant. We agreed verbally that if I find a tenant prior to settlement, vendor would receive the rent. I now have a tenant moving in 11 days prior to settlement . Normally the agent would take the first 1.5 weeks though.
Question: What amount should the vendor receive? The licensing agreement doesn't mention this
Question: What amount should the vendor receive? The licensing agreement doesn't mention this