Jennifer plans to sell her rental property to eliot, a buyer. what obligation, if any, do jennifer and eliot have to the tenants of the property?

Respuesta :

The right response is Option A which states that.

A) Jennifer must notify the tenants of the change in ownership.

Change in Ownership means any sale, disposition, transfer or issuance or series of sales, dispositions, transfers of the property.

We use a grant deed to either transfer property ownership or to add a name to a deed. The person signing the instrument is called the grantor. By executing a grant deed, the grantor guarantees that she owns the property and that the only liens or easements on the property are listed.

In some states, you use a warranty deed instead of a grant deed. The grantor in a warranty deed warrants" ownership. This means that she agrees to defend the buyer against any adverse claim.

To learn more about change in ownership of property, click the links.

https://brainly.com/question/15409435

https://brainly.com/question/8107760

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Correct Question - Jennifer plans to sell her rental property to Eliot, a buyer. What obligation, if any, do Jennifer and Eliot have to the tenants of the property?

A) Jennifer must notify the tenants of the change in ownership.

B) Eliot must notify the tenants once he takes over as landlord.

C) Eliot must notify the tenants that the lease will be terminated when he takes over.

D) Jennifer has no obligation to inform the tenants of the change in ownership, provided Eliot intends to keep them as tenants.

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