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Updated about 9 years ago on . Most recent reply

Alain Perez-Majul's profile image
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Alain Perez-Majul
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  • from Indianapolis, IN
  • Member since Jan 23, 2015
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Alain Perez-Majul's profile image
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Alain Perez-Majul
  • Investor
  • from Indianapolis, IN
  • Member since Jan 23, 2015
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Alain Perez-Majul
  • Investor
  • Indianapolis, IN
116
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393
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General Landlording & Rental Properties

What happens with the lease if I buy a tenanted property?

Alain Perez-Majul
  • Investor
  • Indianapolis, IN
Posted

Hey all, quick question:

If I purchase a tenanted with a lease in place, what is the process of having that lease be transferred in my name? Is it something I would need a lawyer for?

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Jeff B.'s profile image
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Jeff B.
  • Buy & Hold Owner
  • from Redlands, California
  • Member since Oct 28, 2015
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Jeff B.'s profile image
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Jeff B.
  • Buy & Hold Owner
  • from Redlands, California
  • Member since Oct 28, 2015
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Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
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Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
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All existing tenants have rights until the lease expires.

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