Purchase of flat with existing tenant

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J
John_579
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4 Thanks
i am considering purchasing a flat with an existing tenant who has lived there approx 7 years on an assured shorthold tenancy. Bearing in mind the age of the agreement, will it still be valid? Should it have been updated or revised over the years? Will I have to issue a new tenancy agreement in my name? What happens to the deposit paid? If it is not part of a deposit scheme should it be handed over to me to deal with it?
Many thanks
14/09/2012 00:00

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