Re: holdover tenant moveout inspection - Landlord Forum thread 331604

Re: holdover tenant moveout inspection by Anonymous on March 2, 2015 @10:47

You should have thought of all this when you bought the building. That was the time to get the tenant file and all paperwork, including the move-in condition report, and the security deposit and accrued interest to the date of purchase. If you didn't deal with these at the time of closing, that's your oversight. You still have to adhere to the law with respect to the tenant's rights at move-out. If you don't have a move-in condition report, you can't show any damage occurred during tenancy, so only clenaing will be deductible from the deposit. And yes, you have to pay the interest due -- you are standing in the shoes of the original landlord since you bought the building.

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