Structuring Rent-Back Agreements for Exemption from Washington State’s Residential Landlord-Tenant Act: How Not to Get Trapped
Landlord / Tenant Phil Neale Landlord / Tenant Phil Neale

Structuring Rent-Back Agreements for Exemption from Washington State’s Residential Landlord-Tenant Act: How Not to Get Trapped

A well-drafted rent-back agreement should address the rights and responsibilities of both the seller and the buyer during the post-closing occupancy period.  This includes specifying any rent amounts, deposits, maintenance responsibilities, and potential liabilities.  By clearly outlining these terms, parties can avoid misunderstandings and potential disputes.

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