Buying a rental

I have written before about assuming a hot water heater rental contract with your new house. Today’s question: do you want to?

Before you automatically agree to assume the contract, you might want to take a look at the wording of it. Sometimes it makes more sense to enter into a new contract with a new provider, or to buy a hot water heater rather than renting one. Regardless of what you choose to do, it will be a better choice if it is informed.

By Cesia

Cesia is a real estate lawyer at Wall-Armstrong and Green, a boutique law firm in Barrie focusing on real estate and estates. When she's not online, she can usually be found in her garden.

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