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IF YOU ARE UNDER CONTRACT TO PURCHASE A DUPLEX CAN THE SELLER RENT OUT THE EMPTY SIDE... IS THAT A VALID LEASE??

1 Answers. Asked on May 16th, 2017 on Real Estate - Pennsylvania
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Answered on May 17th, 2017 at 12:40 PM

The seller can exercise all rights that arise from ownership so long as he/she is the owner.  Unless there's something in the purchase agreement that prohibits the seller from exercising all of those rights, then I'd say yes, the lease is valid .

I recommend that you seek out a local attorney for a more in depth discussion of the matter. I do not recommend that you take any action steps without such a consult. Act quickly because by waiting, you may lose certain rights and remedies available to you.

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Real Estate
Real estate attorneys can help individuals, families and small business with all property-related legal issues. Buyers and sellers of residential and commercial real estate should work with an attorney to negotiate the terms of agreement; draft and review the contract; review related paperwork (such as loan agreements); clear existing liens on a property; and attend the closing. Lawyers can also assist property owners with addressing zoning/rezoning issues and appealing property tax assessment. Landlords and tenants should work with real estate law firms to draft and review lease agreement, handle eviction proceedings and resolve landlord-tenant disputes.
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