In our last blog, we discussed the topic of post-settlement occupancy agreements. If a seller needs to stay in the home after settlement, terms are agreed upon by the buyer and seller as to how long the seller can stay and how much the seller must pay to the buyer to occupy that space. Today, the … [Read more...] about Seller’s Post-Settlement Occupancy Agreement (Part Two)
Seller’s Post-Settlement Occupancy Agreement (Part One)
A seller’s post-settlement occupancy agreement, also referred to as a rent back agreement, is when a seller intends to stay in the buyer's home for a defined time after settlement. For example, the seller may need a grace period before moving from one property to another, or the seller might need … [Read more...] about Seller’s Post-Settlement Occupancy Agreement (Part One)