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Updated 28 days ago on . Most recent reply
Lease Transfering Procedure
Hello Bigger Pockets Community,
I have a Tennant looking to move out in May and she wants to have a family member take over her lease. What is the procedure for transferring a lease to someone else? Will I need to write up a new contract or is it a matter of amending the current lease. Please let me know what steps need to be taken. Thank you very much!
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Drew Sygit
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Drew Sygit
#1 Managing Your Property Contributor
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- Royal Oak, MI
@Brice Alef-Torrisi it's a legal mess to transfer a lease to another tenant!
Ask any attorney, they will tell you just start a NEW lease.
Be sure to screen the new tenant(s)!
- Drew Sygit
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