|Real Estate Glossary|
This provision is a good way to help ensure that your home will be ready for occupancy after the closing takes place. As part of your formal purchase offer, consider including a provision that holds the seller responsible for paying you rent should they not move out on or prior to the agreed-upon date. This allows you, for example, to use the money you receive to pay your own rent if you are leasing your current residence.
[ Back To Real Estate Glossary ]
Stephanie Smith, REALTOR,
Westfield, New Jersey Real Estate
Antique & Historic Homes
Beach & Waterfront Properties
Coldwell Banker Residential Brokerage,
209 Central Avenue,Westfield, New Jersey 07090
Westfield, NJ Westfield Today
Westfield, NJ Historic Society
Westfield, NJ Chamber of Commerce Westfield, NJ Trader Joe's Westfield, NJ Starbucks
New York City Historical Society
Attention Horse Lovers!
Real Estate Websites by iHOUSEweb, Inc. ®