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Updated over 7 years ago on . Most recent reply

User Stats

12
Posts
1
Votes
Jonathan Santana
  • West Palm Beach, FL
1
Votes |
12
Posts

Tenant with current lease agreement on potential new property

Jonathan Santana
  • West Palm Beach, FL
Posted

Greetings BP! 

I am close to being under contract on a multifamily property which has a tenant with a lease until 2019. Am I able to adjust (increase to current market value) the current tenants rent even though a contract is already in place with the previous owner? 

Thank you for your time.

Best regards,

Jonathan 

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