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Updated about 7 years ago on . Most recent reply

User Stats

96
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58
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Naftali Tolibas
  • Tucson, AZ
58
Votes |
96
Posts

First property: Ending Mnth-mnth lease

Naftali Tolibas
  • Tucson, AZ
Posted

Hello BP Community!

I'm a few days away from closing on my first property! So excited to get my feet wet in the game and hit my goals.

I bought the property with an FHA loan, and need to end the month-to-month lease on one of the units (it's a duplex) in order for me to move-in. I'm not sure on how much notice they need, but I think in Arizona it's 30 days (I'll need to verify).

What's the process in doing this? Should I let the tenant know right after or before I leave (arrive at) the closing table? How do I formally end the lease? Is a standard written notice ok? Thanks in advance guys!

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