I suggest you read the paragraph in full.
You are not without rights and leverage. An amicable agreement on your fairly prompt exit does have value.On the positive side, the purchaser may take immediate occupation of the property. Should the property be vacant, the process to find a tenant can be started immediately. Should there already be tenants occupying the premises, the purchaser is entitled to receive the rent payable by the tenants with immediate effect. It is only when the property is still occupied by the ex-owner that the purchaser may first have to get him/her to move out and vacate the premises. Unfortunately, but understandably so, occupation of your freshly bought property is not guaranteed, and it may cost a significant amount in legal fees and lost income to get rid of an uncooperative owner.![]()
Did you like this article? Share it with your favourite social network.