Demystifying Use and Occupancy Agreements: Essential Guide for Homebuyers and Tenants
After securing your ideal home and having your offer accepted, everything seems to be on track for closing day. However, unexpected changes might require you to move in before the sale is finalized. Fortunately, it’s possible to live in the property prior to closing by using a use and occupancy agreement, which provides a legal framework for temporary residence in the home until the transaction is complete.