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Originally Posted by WishfulThinker66
I am not so sure they are doing this to make money. They will have a mortgage and costs to pay related to the purchase of the property. Suggesting you move into a place they own tells me it is in order to improve the cost of rents you have already been paying. Thus, I don't see that they are taking advantage of you.
Now, I DO agree with the statement that they are your landlord and as such are the determiners of the particulars regarding your rent. However, this is not to say you are not in a position to negotiate. It sounds difficult but I would speak up about your concerns - and set limits and boundaries regarding your expectations and arrangements considering your sister. Discuss what the point of taking action will look like, the precautions to reaching it, and action to be taken if and once it has. Make sure that this is all in writing. This is family yes, but you should still draw up a contract by way of a lease agreement. Good luck.
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Of course they have to pay a mortgage on the place. There is no evidence or statement that they are giving her a better rental rate which is why it was part of the analysis when I asked. Depending on that fact. The fact that they are buying a rental property says that their goal in essence is to make money. typically people do not buy rental properties and then rent them out to anyone whether family or otherwise to just come out even or at worst lose money. That would make no sense to buy the place. With the idea that they bought the rental property not to help her but it sounds like, separate from her need underscores the fact that the property was likely to gain something. So without the evidence that she would save money by renting from them it's hard to say whether or not it is to improve her costs at all.
Aside from the monetary factor, the evidence I see of them taking advantage of the situation is that this fact alone, trying to force her to let her sister stay there (and it sounds like she'd remain responsible for the bill) without actually being a renter. That is without question dumping a responsibility on someone that has not offered or asked for the responsibility of another adult.
At the very least a legitimate lease contract does need to be drawn up. The same type of lease agreement that they would have to draw up if they were to rent to anyone else with all the legalities involved but she should also stipulate that ONLY if she is solely responsible for who lives there and that they cannot impose someone else living with her on her.
All in all I think, to be honest it's best to avoid the situation altogether