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Old 03.06.2008, 13:03
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Asking tenant to vacate

Is it normal that if we purchase house that is currently tenanted we need to be the one that is reponsible to ask the tenant to leave?

Another question is, can we bargain for property? Cause in Singapore we can... so i am wondering...

Thanks!!!
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Old 03.06.2008, 13:32
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Re: Asking tenant to vacate

Once again.

Two questions, one thread. I'll help you with your second question.

Buying a new appartment : Bargain possible ?

And here's how to fish.

[Help] How to search effectively
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Old 03.06.2008, 13:44
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Re: Asking tenant to vacate

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Is it normal that if we purchase house that is currently tenanted we need to be the one that is reponsible to ask the tenant to leave?
Take care with this. It may be that the current owners cannot give notice due to a long-term contract and the tenants may be hard to get out. Odd that you have found a property so fast - too good to be true??
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Old 03.06.2008, 14:52
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Re: Asking tenant to vacate

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Take care with this. It may be that the current owners cannot give notice due to a long-term contract and the tenants may be hard to get out. Odd that you have found a property so fast - too good to be true??
Absolutely take care. In fact, beware. We were very interested in a house that I was positive was sold in the previous year and was surprised to see it on the market again. It had indeed been sold but the tenants were refusing to move and went through the process of fighting the owner's notice to them. The owner really needed to sell the property for financial reasons. The tenants, long term ones, argued that their kids were all in school, and that their efforts thus far to find suitable housing in the same area was unsuccessful. Mediation failed and it went to court. The process dragged on and the buyers got tired of waiting as the closing date could not be confirmed and the owner had to refund their deposit.

The real estate company advised the owner not to list the house until the dispute with the tenants was resolved. The court decided the tenants must move but they could stay in the house until the end of the school year, which was months and months away.

House viewings had to be allowed but you can imagine the atmosphere.

I understand the house has been sold but the point is, it is not easy to get a tenant to move, even if you a good reason, and if they fight it, it can take a long time to resolve.
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