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If they signed a lease, they have a binding legal document saying that as long as rent is paid they get to live there until the agreement expires... Unless somewhere in the lease agreement that the resident signed there is a clause about terminating residency without cause. When 'you' bought the property, you also bought all loans, expenses, and lease agreements.

In short, the new owner may own the property, but the tenant possesses the property until the lease is terminated by mutual agreement or according to its terms.

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17y ago

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