I am buying a house that is occupied by tenants. They do not have a least or contract. According to their current landlord, they are on a month to month agreement. I live in Illinois, and to my understand, under the circumstances of the month to month rent agreement they are living by, their current landlord only has to give them a 30 day notice/warning to leave the property or work a deal out with the new landlord (me) before closing on the house. Am I correct?
When I take over, I do not want them in the property, so what does the current landlord has to do to insure when the title is transferred I will not recieve the house occupied with unwanted tenants?
2006-10-16
12:16:12
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17 answers
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asked by
Anonymous
in
Renting & Real Estate