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Temporary Lease Agreement to Prospective Buyer of Residence Prior to Closing Ohio Form

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Temporary Lease Agreement to Prospective Buyer of Residence Prior to Closing Ohio Form

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this week's contract tip has to do with temporary occupancy agreements for sellers after closing those of you that have followed my contract tips know that I am NOT a fan of a seller staying in a house after the house no longer belongs to that person I firmly believe if at all possible that the seller should have vacated the property prior to closing to avoid any potential issues however that being said with the new CFPB trade guidelines in place and disclosure potential disclosure delays and things like that my opinion is there are going to be more sellers requesting temporary occupancy for a few days after closing more than we've seen in quite a long time that being the case make sure that you as an agent use the proper documentation to put everything in writing between the buyer and the seller namely that exhibit that you're going to use is the temporary occupancy agreement now depending upon which contract you are binding under which exhibit you use the GAR

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