Q: I have a signed contract To a property I am purchasing. The renter is refusing to let anyone in to inspect/appraise.
What are my rights with a binding contract? There is no lease. Renter wants to purchase but has bad credit and no money. She is claiming she is not healthy to look for another place yet is out and about.
A: An very interesting situation! Is there a written lease between the the seller and the reluctant tenant? The lease may contain language concerning the Landlord's right to inspect the premises. If not, the Landlord/Seller must take affirmative steps to make it possible for you to inspect, including filing suit. The burden will be on the Seller's shoulders to arrange an inspection, upon reasonable advance notice. It may well result in the tenant being assessed the costs incurred in gaining right to inspect. Is it possible the tenant wishes to buy the property and thus interferes with your deal. Another important reason to see a written lease is to determine whether your potential purchase will be subject to terms contained in the lease. If you do eventually gain entry for inspection, have an independent party to accompany you, and take pictures. This is to protect yourself in case of any damage caused by a disgruntle tenant.
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