Buying a Philadelphia rental? The license does not transfer
A Philadelphia rental license belongs to the owner, not the building. When you buy a rental, you need your own license before you can collect rent from the tenants in place.
Before closing
- Run the address through our property check for license history and open violations.
- Ask for the seller's lead certificate and confirm its date.
- Negotiate repairs or credits for open violations. After Nov 1, 2026 unsafe conditions must be cured within 30 days of notice.
- Get copies of current leases and the certificates given to tenants.
After closing
Set up your tax account and CAL, then file your license. We can start the intake before settlement so you are filing the day the deed records.