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Updated about 3 years ago,

Vidyadhar R.'s profile image
Vidyadhar R.'s profile image
Vidyadhar R.
  • Investor
  • from Trenton, NJ
  • Member since Jun 21, 2015
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User Stats

47
Posts
7
Votes
Vidyadhar R.'s profile image
Vidyadhar R.'s profile image
Vidyadhar R.
  • Investor
  • from Trenton, NJ
  • Member since Jun 21, 2015
Connect
Vidyadhar R.
  • Investor
  • Trenton, NJ
7
Votes |
47
Posts
General Landlording & Rental Properties

honor current lease or hike rent?

Vidyadhar R.
  • Investor
  • Trenton, NJ
Posted

Hi, I bought a house with a tenant who has a lease with past owner. This is in NJ. As a new owner am I legally obligated to honor the lease and not increase the rent or is the lease not valid anymore because its not between me and the tenant but the past owner? The rent was unchanged for past several years. Please advise. Thanks.

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