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Updated over 1 year ago,

User Stats

5
Posts
1
Votes
Kurt Gutormson
  • Brookings, Sd
1
Votes |
5
Posts

Inheriting Tenants Leases and Future Tenants

Kurt Gutormson
  • Brookings, Sd
Posted

I am purchasing a triplex with two current tenants and the third unit is currently vacant, but the current property manager has a signed lease for a tenant to move in after the closing date. What is the best way to change the current tenant leases from the old property manager to me? Both of the leases have about 10 months left on them. Also is there anything I can do to get out of this lease with the future tenant? I want to turn the vacant unit into a medium-term rental, so I would like to get out of the lease. Thank you!

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