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Temporary occupancy agreement for buyer prior to closing

Temporary Lease Agreement to Prospective Buyer of Residence prior to Closing - Pennsylvania 2026

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The document is a Buyer's Temporary Residential Lease outlining the terms between a landlord and tenant for leasing a property prior to its purchase. It details the parties involved, lease duration, rental payment, security deposit, utility responsibilities, property use restrictions, maintenance obligations, and conditions for termination. Additionally, it includes provisions regarding inspections, indemnity, insurance requirements, and compliance with lead-based paint disclosure laws for properties built before 1978.

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Click ‘Get Form’ to open the Temporary Lease Agreement in our editor.
Begin by filling in the parties involved. Enter the names of the Landlord and Tenant in the designated fields.
Specify the property address as described in the contract between Landlord and Tenant. Ensure accuracy for legal purposes.
Indicate the lease term by entering the start date and termination date, ensuring it does not exceed specified limits.
Fill in the rental amount per day and total anticipated rental payment for clarity on financial obligations.
Complete the security deposit section, detailing any amounts paid and conditions for its return upon lease termination.
Review utility responsibilities, ensuring you note which utilities are covered by either party.
Address any special provisions or conditions that may apply to your specific situation in the designated section.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is it called when a buyer moves in before closing?

A pre-occupancy agreement, also known as an early possession agreement, is a contract that allows a buyer to move into a property before closing day.

Do people move in before closing?

Its extremely common for owners to stay in a home prior to closing. Weve bought and sold 3 houses in 32 years, and have stayed until closing, or close to it. Not uncommon at all.

Is it okay to let buyers move in before closing?

Rule of thumb is do not give possession until after closing . You do not want to let them move in 20 days early . The risks are what if something comes up that either causes them to not close ( all sorts of reasons ) Think of it as running a red light at 40 .

Why do a walk through before closing?

They allow you to check the home for damage, problems, or other concerns and ensure that the home is in the condition the seller promised. Final walkthroughs are not required but are highly recommended.

Can you rent a house before closing?

Your buyer can move in early as long as you are compensated and they sign a rental agreement. Even then, you need to accept the risk you are taking by letting the future owner of the home take over early.

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