The seller wants some extra time after closing to stay in the house. There is no set rule as to when occupancy must be granted. Buyers and sellers generally agree to this when the seller is not ready to move—a more frequent occurrence these days. Three years later I found out that the taxes on the home have not been paid during those years. What happens when real estate taxes are still in the seller’s name years after closing? Seller promises at closing that contractor would be contacted to eliminate the issue since they paid for it. The seller does not disclose that there any major defects with the home. When these situations arise, some of the purchase price (often a daily fee) is … The seller is buying another house but may have trouble closing on their new place, and they have a bunch of college & post college kids who are also staying in the house. We recently sold our house in October 2014 and the buyers experienced a roof leak about a month after closing. The amount of time a seller will have to occupy the property after closing is negotiable between the parties. Q: I owned a house for six years and then sold it. We replaced the roof right after moving in about 7 years ago. If you notice the sellers haven't moved, you and your attorney should reschedule the closing until after seller has vacated the property. Imagine that, after saving money for many years, you finally buy a home for you and your family. The taxes are still in my name. Some sellers provide occupancy at closing. I want to tell everyone a little story about Occupancy After Closing and why it is so important from a buyer's position to have a written document. Not to long ago, I represented a buyer who purchased a home in Hendersonville, Tennessee located in … If a seller wants to stay in the home after closing, the buyer and seller should have a written agreement setting out the expectations for that post-closing possession between the parties. Closing goes through. A post-closing possession agreement allows a seller to remain in the apartment beyond the closing date. The sale closes, and your family moves into the home. it spells out the terms of the seller's occupancy of the house after closing, & acknowledges that the seller is now a tenant & that you are the landlord." The last thing you want is a landlord-tenant relationship. Do they have a case? Sometimes a seller needs a day or two, or even a week, after closing. One way to determine whether the sellers are still in the home the day of closing is to schedule a walk-through. Seller Occupancy After Closing . We did NOT have any issues with leaks prior to selling the home. We think the buyers may try to sue us to replace their roof. This seems like trouble waiting to happen. That can create more problems than it solves since you would then have to deal with any landlord-tenant laws. Others need time to facilitate their own move and may request several days, a month or even longer. 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