If you’re buying real estate that’s occupied by tenants and you intend to let them remain in the property after the closing, then you have to be careful.
Any legal claims that the tenants have against the current owner/landlord will become claims against you when you purchase the house.
In this video I discuss just a few of the steps you should take prior to the closing in order to protect yourself:
If you have any question or need assistance with a real estate closing in Massachusetts, please contact me at justin@jrmccarthy.com.
Law Office of Justin R. McCarthy 