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Updated 12 days ago, 12/06/2024

Benoy Varghese's profile image
Benoy Varghese's profile image
Benoy Varghese
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  • Member since Dec 16, 2023
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Benoy Varghese's profile image
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Benoy Varghese
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Benoy Varghese
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General Landlording & Rental Properties

Taking over property with Tenants

Benoy Varghese
Pro Member
Posted

Hello, 

We just purchased a single family home that is currently leased to five college students. The lease is not up until May of 2025. Do I need to have them sign a new lease with my company name on it not changing any of the terms or do I just inform them on how to pay the rent? 

This is our second property but the first with long-term tenants. 

Thanks! 

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