Posted on: 10th Jun, 2009 08:01 pm
I'm purchasing a property (which will be Assigned) that is a rental property of the home-owner. I'm using a standard contract for sale and purchase to buy it.
Do I need a separate contract to transfer the Landlording rights or should I make some sort of clause? Is there some sort of Assignment I can do?
Any help would be appreciated.
Do I need a separate contract to transfer the Landlording rights or should I make some sort of clause? Is there some sort of Assignment I can do?
Any help would be appreciated.
Hi Guest!
Welcome to forums!
I think you'll have to go for the rent to lease agreement. I hope you have an attorney who is helping you regarding the standard contract for sale and purchase. You should consult him and check out if the rent to lease agreement is required in your situation.
Sussane
Welcome to forums!
I think you'll have to go for the rent to lease agreement. I hope you have an attorney who is helping you regarding the standard contract for sale and purchase. You should consult him and check out if the rent to lease agreement is required in your situation.
Sussane
Hi Guest,
Welcome to our forum.
Yes,I think smith is right you must have to take a rental agreement of property & as smith says you have to take help of your lawyer to regards the standard contract for sale and purchase.
Thanks & Regards. :lol: :lol: :lol:
Welcome to our forum.
Yes,I think smith is right you must have to take a rental agreement of property & as smith says you have to take help of your lawyer to regards the standard contract for sale and purchase.
Thanks & Regards. :lol: :lol: :lol:
Thanks you two! I will ask my lawyer once I have all my forms together :)