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Can a seller stay in unit after closing if previously agreed to by buyer?
Join the Conversation Comments (1)Thank You Marty, that is great to know. : -)
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Yes, if both the buyer and seller agree to it in their contract. There is usually a specific date mentioned in the contract when the seller must leave.
I’ve seen contracts where the buyer gives the seller a few weeks to stay so the seller can tie up loose ends.
When I’ve seen this situation invoked, the seller must leave by the end of the month, making it nice and neat for the buyer to take over the apartment on the 1st of the month.
I’ve never seen a Board reject this type of agreement.
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