I'm under a contract in Jacksonville. The seller lives in the apartment and asked to stay another 7 days after closing…
I'm under a contract in Jacksonville. The seller lives in the apartment and asked to stay for another 7 days after closing the apartment - she needs the money to move to the next place. What collateral or extras to the contract do you think should be done in this case, to protect myself from a situation where she does not leave the apartment?
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I had such a case, the agent made a lease for 3 days
It happens and will happen, and that's okay. You can charge a rental amount for the week and also a daily amount after the week. Post closing occupancy addendum is highly desirable
Avichai Werdeshaim Dani Beit-Or this 2 …they give you the best advice … if you follow this you should be okay
1. It sounds like she needs the money from the sale to go through. I was already in this situation.
2. This is very common. If you have an agent he can help.
3. I recommend :
A. Leave money in Askro if she does not go out until a certain day every day she stays for $ ### of that amount
B. Check with the agent what is a free process and how much it costs.
third. Make sure that there is a large enough amount that she could lose if she is to be found on time
Risk, not recommended, but only if you have real collateral, or postpone the closing
post closing occupation addendum
that she is leaving after 7 days from the closing date and will leave a serious amount in the screw that she will receive only after she vacates the apartment and if the condition of the house is the same as it was at the time of the inspection, she will add a clause that in case she is late every day it costs her
Another $ 150 and in such case if you need to run an attorney to get it out is carrying all the legal costs and losses that can be caused to you as a result
She would leave on the sixth day
She will postpone the day for the day she leaves the house.