Hi Everyone
Tenants of ours via their lawyer and bank have asked us (as Landlords) to sign a Consent to Entry document. They say they are rearranging some of their finances. Basically if these tenants default on debt payments the bank gets to enter our property and repossess their property.
This particular tenant does not have anything more than desks and computers, however we do not feel comfortable signing this document and letting the bank just enter the property.
Has anyone come across this before ?
Sarah
Tenants of ours via their lawyer and bank have asked us (as Landlords) to sign a Consent to Entry document. They say they are rearranging some of their finances. Basically if these tenants default on debt payments the bank gets to enter our property and repossess their property.
This particular tenant does not have anything more than desks and computers, however we do not feel comfortable signing this document and letting the bank just enter the property.
Has anyone come across this before ?
Sarah
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