Celebrating 15 Years of Success and Community: A Look Back and Exciting Future Ahead
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.