Updated: Apr 1
This occurs when any buyer closes on a given home and then chooses to lease back tenancy to the seller. This mostly occurs when the seller needs more time to vacate the home, in which case, the buyer becomes an acting landlord and receives payment from the seller each day they remain in the home.
Interested in learning more about the real estate industry? Sign up for one of our April class sessions here!
29 views0 comments