Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago,

User Stats

168
Posts
38
Votes
Marty Summers
  • Bradenton, FL
38
Votes |
168
Posts

Purchased Duplex- Do I have tenants sign new lease?

Marty Summers
  • Bradenton, FL
Posted

We just purchased a duplex. I will be reaching out to tenants tomorrow. I was going through the existing lease agreement and I see that it seems appropriate that I change the new Owner name to our LLC and have the tenants sign the same lease term but with our new name as the agreement.

I know this might be a dumb question to you all.... but am I thinking correct?  I would rather them sign a new agreement with same contract then have an addendum written up.

Let me know how you handled this.   Also, did you just call the tenants and ask when you can meet them... or just show up at the door as the new owner.?

Thanks,

-Marty

Loading replies...