In a property transaction, whose responsibility is it to provide copies of lease agreements after closing?

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In a property transaction, it is the seller's responsibility to provide copies of lease agreements after closing. This duty stems from the seller's obligation to disclose all relevant information regarding the property, which includes any existing leases that may affect the new owner's use of the property. Lease agreements are crucial documents as they outline the terms under which tenants are permitted to occupy the property and can impact the buyer's decision-making process.

Providing these documents ensures that the buyer is fully informed about the rental agreements and any obligations or rights they may inherit as the new property owner. This requirement emphasizes the seller's role in transparency and due diligence during the transaction, allowing both the buyer and seller to move forward with a clear understanding of the property's legal ties.

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